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400 First St - Entitled Multi-Family, Mixed Use Land Sale 20.75 Acres of Residential Land Offered at $3,900,000 in Gibsonville, NC 27249
Investment Highlights
- Entitled Apartment, Mixed Use Land
- Adjacent an Established Downtown Area and 440K SF Historic Redevelopment
- See Property Flyer for Maps & Additional Details
- By Right 26 Units per Acre
- Within 2 Miles of Elon University
- Adjacent Value Add 131K SF Mixed Use Deal Also
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $3,900,000 | Lot Size | 20.75 AC |
| Price Per AC | $187,951.81 |
| Price | $3,900,000 |
| Price Per AC | $187,951.81 |
| Lot Size | 20.75 AC |
Approx. 17 available acres on a 20 acre vacant land site adjacent a) a historic downtown, b) a 440K SF mixed use historic rehab development, and c) near Elon University.
Description
Vacant entitled apartment land in "the middle of everywhere." Between the growing Triad and Triangle metros, Gibsonville is an established, expanding community. This is off combined I-40 / I-85, exits 138 and 140. It is also near Highway 70, the regional mall Alamance Crossing, Elon University, and an established historic downtown. The adjacent 440K SF mill is Gibsonville Square, which is undergoing a mixed use historic rehabilitation. See the property flyer for maps and more details. Full details are available via request in a dropbox.
Contact the Sale Advisor
400 First St - Entitled Multi-Family, Mixed Use Land Sale