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14421 US-264 Alt E Hwy - Five County Industrial Rail Site 580.99 Acres of Industrial Land Offered at $37,764,350 in Middlesex, NC 27597

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INVESTMENT HIGHLIGHTS

  • Rail frontage
  • Very large industrial rail site
  • Less than 2 mi from interstate interchange
  • Proximity to Raleigh metro

EXECUTIVE SUMMARY

Five County Industrial Rail Site - Rail user preferred. $65,000 per ac, or higher if not a rail user. 60 to 580.99 ac available. Owner willing to partner with spec industrial builder. Water, sewer, significant electricity, fiber available at the site. Approximately 7000 linear feet of CLNA RR track through the site. NC Railroad Build Ready site, Duke Energy Site Readiness Certification. Less than 2 mi from I-587 interchange, 20 minutes to downtown Raleigh, 40 minutes to Research Triangle Park, in a Federal Opportunity Zone, New Market Tax Credits available

PROPERTY FACTS

Price $37,764,350
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Industrial Park
Total Lot Size 580.99 AC
Opportunity Zone Yes
Zoning Agricultural - Zoned for agriculture, but public dollars spent by infrastructure providers for industrial use only - to be re-zoned for appropriate industrial user

1 LOT AVAILABLE

Lot

Price $37,764,350
Price Per AC $65,000.00
Lot Size 580.99 AC

580.99 ac parcel. Minimum 60ac available for rail user. Rail line and 230kV electric transmission line through the site. Site located east of Raleigh, NC in between towns of Zebulon and Middlesex. Less than 2 miles to I-587 interchange.

DESCRIPTION

Currently undeveloped land, mostly wooded

  • Listing ID: 34937210

  • Date on Market: 2/25/2025

  • Last Updated:

  • Address: 14421 US-264 Alt E Hwy, Middlesex, NC 27597

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