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1307 W Main St - 1.16 Acres 1.16 Acres of Commercial Land Offered at $799,000 in Carrboro, NC 27510
EXECUTIVE SUMMARY
±1.16-acre site approved for future development in the Carrboro Sub-Market The
site is located at the intersection of NC Hwy 54 and W Main Street. This high visibility
corner provides a unique opportunity to develop up to 38 units within the Carrboro
Submarket.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $799,000 | Lot Size | 1.16 AC |
| Price Per AC | $688,793.10 |
| Price | $799,000 |
| Price Per AC | $688,793.10 |
| Lot Size | 1.16 AC |
±1.16-acre site approved for future development in the Carrboro Sub-Market The site is located at the intersection of NC Hwy 54 and W Main Street.
DESCRIPTION
Business or Property Opportunity: Approved development opportunity for 38 residential units within the Carrboro Submarket Prime Visibility: Excellent visibility along NC Hwy 54 corridor). Easy Access: Conveniently located just off West Main Street with seamless connectivity to major regional routes including and US-15/501,Int-40 enhancing customer accessibility. Close Proximity: Strategically situated approximately ±3 miles from Duke University and ±4 miles from Downtown Durham - key traffic drivers and employment centers. Approved Surface Parking: Approved plan for 36 surface parking spaces Population Density: Located within a densely populated and growing trade area, direct access to downtown Carrboro and just minutes away from UNC/ UNC Hospital Zoning: (CZ) zoning allows for up to 38 units to be developed with a 20% affordable requirement. An additional supplemental use permit is still needed.
PROPERTY TAXES
| Parcel Number | 9778286664 | Improvements Assessment | $0 |
| Land Assessment | $362,700 | Total Assessment | $362,700 |
PROPERTY TAXES
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1307 W Main St - 1.16 Acres
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