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- LoopNet Team
516 Brook Street
Roxboro, NC 27573
Brook Street Extension Development · Land For Sale
·
2.30 AC
Investment Highlights
- Perfectly suited for single or multi-family development.
- Brook Street Development would be a potentially smart investment acquisition.
- The attached engineering drawings are currently out of date. A buyer would need to revise the site planning.
- Rare investment opportunity that is priced to sell.
- City Water & Sewer on site.
Property Facts
Description
Low-cost development opportunity located within the city limits of Roxboro, NC. This 2.95 +/- acres is prime for affordable residential homes or apartment buildings. The location could possibly yield 32 apartments or 12 home sites per a concept site plan. Conveniently located to restaurants, retail, and U.S. 15-501. Located 47 minutes from downtown Durham, 37 minutes to Oxford, and 44 minutes to Danville, VA. This location falls within the 2021 & 2022 Small DDA's and QCT qualified tracts. For more information visit https://www.huduser.gov/portal/datasets/lihtc.html
