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5540 Rock Quarry rd - Gravity Rock Quarry 28.4 Acres of Residential Land in Raleigh, NC 27610
INVESTMENT HIGHLIGHTS
- Situated in the Southeast Special Opportunity Zone.
- Over 1,000 feet of frontage on Cowan Lane.
- Rapid growth area.
EXECUTIVE SUMMARY
Highest and best use is in the utilization of a multifamily development.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 28.40 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-10-CU - Residential/Opportunity Zone | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 28.40 AC |
| Opportunity Zone |
Yes |
| Zoning | R-10-CU - Residential/Opportunity Zone |
1 LOT AVAILABLE
Lot
| Lot Size | 28.40 AC |
| Lot Size | 28.40 AC |
5504 Rock Quarry Road is located in Raleigh, North Carolina and consists of 28.4 acres. The Property is currently zoned R-10-CU providing the opportunity to develop a high-end conventional multifamily project.
DESCRIPTION
Avison Young is pleased to present 5504 Rock Quarry Road located in Raleigh, North Carolina. The Property consists of 28.4 acres and is currently zoned R-10-CU providing the opportunity to develop a high-end conventional multifamily project. The Property is situated in the Southeast Special Opportunity Zone neighboring several municipalities that include Raleigh, Knightdale, Garner and Clayton. This particular zone has two census tracts that are experiencing rapid growth. The Southeast Raleigh Opportunity Zone is a high priority area of Raleigh’s economic development where qualifying projects may receive enhanced incentives.
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5540 Rock Quarry rd - Gravity Rock Quarry
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