3700-3709 Essie St & 3701 Polly St, Raleigh, NC 27610

5.89± Acres of High-Density Development Land near Raleigh’s planned Bus Rapid Transit (BRT) corridor

Transit-Oriented Development Potential with RX-4 zoning and TOD overlay

Strategic Infill Location adjacent to New Bern Crossing — a newly constructed 192-unit affordable housing community developed through a public-private partnership with the City of Raleigh

Strong Residential Demand Drivers supported by public investment and nearby new construction

Public Water & Sewer Available – Infrastructure in place

Multiple Parcels Assembled, including:

› 3700 Essie St. - ±0.93 acres

› 3701 Essie St. - ±0.94 acres

› 3705 Essie St. - ±0.71 acres

› 3708 Essie St. - ±0.42 acres

› 3709 Essie St. - ±0.71 acres

› 3701 Polly St. - ±1.60 acres

Additional ±2.29 Acres Available with R-4 zoning for future expansion or phased development

Zoned RX-4 (Residential Mixed Use) and R-4

› RX-4 allows for a variety of residential building types

› Base density exceeds 10 units per acre

› Building heights up to 4 stories

Transit Overlay District (TOD)

› Enhanced development flexibility near transit corridors

› TOD replaces underlying zoning standards with RX standards

› No capped density (units per acre not directly limited)

› Building heights typically 4–5 stories

› Potential densities of 20+ units per acre in many locations

› Parking typically 1.5–2 spaces per unit