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385 Memorial Dr - 183.85 Acres, 30 minutes north of Durham, NC 183.85 Acres of Industrial Land Offered at $2,600,000 in Roxboro, NC 27573
INVESTMENT HIGHLIGHTS
- *183.85 ACRES Located adjacent to Piedmont Community College and Northern Middle School, Roxboro, NC, 30 Minutes North of Durham, North Carolina
- *Preliminary Engineering has been completed, including ALTA Boundary Survey, Topographical Survey, Water Hydrant FLOW TESTING
- *Duke Energy served by 115KV Lines which can serve 50 Megawatts, 500KV Substation within 1000Feet with possibility of serving 100+ Megawatts to SITE!
- *ALL Utilities available to Site + MULTI-ZONED for MANY Uses, Commercial, Industrial, Residential
- *Pre-Engineered for #392 Single Family Residential Lots
EXECUTIVE SUMMARY
*Entire acreage may be annexed into the Roxboro City Limits in order to provide ALL Utilities as they are currently available at the site, as two properties which front Memorial Drive are currently inside the Roxboro City Limits, with the other three properties currently in the Person County limits.
New ALTA Boundary and Topographic Surveys have just been completed. Recent engineering site plan has been completed reflecting #150++ single family lots, however, multiple uses may be available on this property due to its’ #3 different Zoning classifications i.e. Single Family, Multi-Family, Commercial,Manufacturing, Industrial, etc.
Roxboro is a city in and the county seat of Person County in the U.S. state of North Carolina. The population was 8,134 at the 2020 census. The city is 30 miles (48 km) north of Durham and is a part of the four-county Durham–Chapel Hill Metropolitan Statistical Area, which has a population of 649,903 as of the 2020 Census. The Durham–Chapel Hill MSA is a part of the larger Raleigh–Durham–Cary Combined Statistical Area, which has a population of 2,043,867 as of the 2020 Census.
***Listing Price INCLUDES this property being fully engineered and fully entitled for 150+ Single Family Residential lots , OR, it may be purchased without any engineering or entitlements. The listing broker is the Seller.
DATA ROOM Click Here to Access
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,600,000 | Lot Size | 183.85 AC |
| Price Per AC | $14,141.96 |
| Price | $2,600,000 |
| Price Per AC | $14,141.96 |
| Lot Size | 183.85 AC |
183.85 Vacant Acres consisting of #5 Parcels located adjoining Piedmont Community College and Northern Middle School with Triple Road Frontages (1,063 Feet frontage on Memorial Drive,351 Feet Frontage on Cavel-Chub Lake Rd., 60' Frontage Perkins Rd.
DESCRIPTION
183.85 Vacant Acres consisting of #5 contiguous Parcels located adjoining Piedmont Community College and Northern Middle School with Triple Road Frontages (1,063 Feet frontage on Memorial Drive, 351 Feet Frontage on Cavel-Chub Lake Rd. , 60’ Frontage on Perkins Road ) 10 Minutes South of the recently acquired 1335 Acre MICROSOFT SITE, 30 Minutes North of Durham, North Carolina, adjacent to “The Research Triangle” area of North Carolina. The property is currently Multi-Zoned ( Residential 6, Business 1, and RC ). *** Electricity is currently served by Duke Energy 115KV lines existing on site, which can serve site w/ 50 Megawatts, There is a 500KV Substation within 1000 Feet, ***Possibility of serving 100+ Megawatts for the right project *** *Entire acreage may be annexed into the Roxboro City Limits in order to provide ALL Utilities as they are currently available at the site, as one property fronst Memorial Drive which is currently inside the Roxboro City Limits, with the other four properties currently in the Person County limits. New ALTA Boundary and Topographic Surveys have just been completed. Recent engineering site plan has been completed reflecting #392 single family lots, however, multiple uses may be available on this property due to its’ #3 different Zoning classifications i.e. Data Center, Manufacturing, Commercial, etc. Roxboro is a city in and the county seat of Person County in the U.S. state of North Carolina. The population was 8,134 at the 2020 census. The city is 30 miles (48 km) north of Durham and is a part of the four-county Durham–Chapel Hill Metropolitan Statistical Area, which has a population of 649,903 as of the 2020 Census. The Durham–Chapel Hill MSA is a part of the larger Raleigh–Durham–Cary Combined Statistical Area, which has a population of 2,043,867 as of the 2020 Census. ***Listing Price INCLUDES this property being fully engineered and fully entitled for 392+/- Single Family Residential lots at a total reflected price of $11,479 per lot, OR, it may be purchased WITHOUT any engineering OR entitlements at a lesser negotiated $$ price. The listing broker is the Seller.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,158,764 |
PROPERTY TAXES
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385 Memorial Dr - 183.85 Acres, 30 minutes north of Durham, NC
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