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Investment Highlights
- Huge Mixed-Use Development Opportunity.
- Master Plan Concept planned out.
Executive Summary
Borden Real Estate is pleased to present an exceptional commercial development opportunity situated in the bustling Research Triangle Park/I-40 Corridor submarket. This offering encompasses two parcels totaling approximately 9.95 acres. The property is currently zoned as a Business Activity Center within the Gateway Overlay district (Town of Morrisville ETJ), which accommodates a variety of small-scale commercial uses. Price is available per request.
Property Facts
1 Lot Available
Lot
| Lot Size | 9.95 AC |
| Lot Size | 9.95 AC |
MIXED USE DEVELOPMENT OPPORTUNITY: This lot presents the opportunity for a three-story, 120,000 square foot commercial building, a 7,200 square foot commercial structure, and a hotel. https://user-cjghrlw.cld.bz/Morrisville-Unified-Development-Ordin
Description
Ideally located between Raleigh and Durham, the property is just 2.6 miles south of RDU International Airport and 3.2 miles east of Research Triangle Park. Notably, within a 1-mile radius, there are 21 development projects currently in review or underway, including a significant 302-unit multifamily project adjacent to the site.
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164 Trans Air Drive - 164 Trans Air Drive
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