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4402 Old Faison Rd
Knightdale, NC 27545
Development Site · Land For Sale
·
59.00 AC
INVESTMENT HIGHLIGHTS
- Comprehensive Plan classifies these properties as a Mixed-Use Neighborhood, most likely a mixed residential product subdivision w/ a commercial comp
- The Town of Knightdale has suggested rezoning to GR-3 or GR-8 in terms of density.
EXECUTIVE SUMMARY
These two parcels totaling approximately 59 acres are located on Old Faison Rd just 1.5 miles from the Hodge Rd/US-264 exit. The area is residential in nature and there are existing single-family developments adjacent to both the east and the west. The approved Creekview Crossing development is adjacent to the north.
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Price | $3,687,500 | Lot Size | 59.00 AC |
| Price Per AC | $62,500.00 |
| Price | $3,687,500 |
| Price Per AC | $62,500.00 |
| Lot Size | 59.00 AC |
Land for sale
DESCRIPTION
Development plans for these two properties must incorporate the extension of Widewaters Parkway, which will be a Town maintained collector road running north-south through the parcels.
PROPERTY TAXES
| Parcel Number | 1743.02-88-6921-000 | Improvements Assessment | $0 |
| Land Assessment | $737,814 | Total Assessment | $737,814 |
PROPERTY TAXES
Parcel Number
1743.02-88-6921-000
Land Assessment
$737,814
Improvements Assessment
$0
Total Assessment
$737,814
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