Apex Mixed-Use Development Site
Land | 3.62 acres
Marketing description
Apex Mixed-Use Development is a fully entitled, shovel-ready mixed-use project located minutes from Downtown Apex, one of the Triangle’s most desirable and fastest-growing town centers. The site benefits from strong walkability, exceptional tenant demand, and immediate access to dining, retail, and community amenities.
The property is zoned PUD-CZ with an approved zoning exception allowing a fifth (5th) story, enabling a vertical mixed-use development consisting of 85 residential units above approximately 15,000 SF of ground-floor commercial space. Finished architectural drawings are complete, with only minor, non-material refinements required prior to permit issuance, significantly reducing development risk and enabling an expedited path to construction.
With secured entitlements, completed design work, and a prime gateway location near Downtown Apex, the Apex Mixed-Use Development offers construction lenders a high-certainty opportunity in a supply-constrained, high-growth market.
*Buyers broker fee available
Investment highlights
Fully Entitled & Shovel-Ready
Zoning and entitlements are approved with an authorized fifth (5th) story; remaining plan items are minor and ministerial, allowing for an expedited path to permit and construction.Completed Architectural Drawings
Substantially complete architectural plans significantly reduce execution risk, timeline uncertainty, and upfront soft costs for a construction lender.Prime Downtown Apex Location
Located minutes from Downtown Apex, one of the Triangle’s most desirable and walkable town centers with strong demographic growth and limited new supply.Mixed-Use, Urban Infill Product
85 residential units positioned above approximately 15,000 SF of ground-floor commercial space, aligning with market demand for live-work-play environments.Approved Height & Density Advantage
Fifth-story approval provides above-market density in a submarket where height and entitlement approvals are increasingly difficult to obtain.Supply-Constrained Submarket
Downtown Apex has limited entitled mixed-use sites, supporting strong lease-up prospects and long-term rent growth.Gateway Site with Strong Visibility
Prominent, well-located parcel near key community amenities, retail, and daily needs, enhancing both residential and commercial appeal.High Certainty for Construction Financing
No rezoning, variances, or public hearings required — entitlements are secured, materially de-risking the construction loan.
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