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8245 Chapel Hill Rd - 8245 Chapel Hill Rd 1.6 Acres of Commercial Land Offered at $3,900,000 in Cary, NC 27513
Investment Highlights
- Cash flowing asset with in-place tenant income
- Zoned TC (Town Center), OFC/IND Town Center subdistrict
- Near downtown Cary | Frontage along Chapel Hill Rd
- ±1.60 acres across four contiguous parcels
- Wake County GIS Parcels: 0764637147, 0764639118, 0764730258, 0764730294
- Sale Price: $3,900,000
Executive Summary
Property Facts
| Price | $3,900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.60 AC |
| Property Type | Land | ||
| Zoning | TC - Zoned TC (Town Center), OFC/IND Town Center subdistrict | ||
| Price | $3,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.60 AC |
| Zoning | TC - Zoned TC (Town Center), OFC/IND Town Center subdistrict |
1 Lot Available
Lot
| Price | $3,900,000 | Lot Size | 1.60 AC |
| Price Per AC | $2,437,500.00 |
| Price | $3,900,000 |
| Price Per AC | $2,437,500.00 |
| Lot Size | 1.60 AC |
Four contiguous parcels totaling approximately 1.60 acres in the heart of Cary’s Walkable Center development framework. The property is located along Chapel Hill Road just northeast of Downtown Cary.
Description
Rare opportunity to acquire four contiguous parcels totaling approximately 1.60 acres in the heart of Cary’s Walkable Center development framework. Zoned TC (Town Center), the site offers exceptional flexibility for mixed-use, multifamily, retail, or commercial development. With premium frontage along Chapel Hill Road and Field Street, this assemblage is ideally positioned for a signature urban infill project. - 8245 Chapel Hill Road: ±9,397 SF (two tenants) and 8255 Chapel Hill Road: ±2,320 SF (0.81 acres) - 311 Field Street: ±0.48 acres with 824 SF single-family home - 331 Field Street: ±0.17 acres with 1,326 SF duplex - 0 Chapel Hill Road: ±0.14 acres
Presented by
8245 Chapel Hill Rd - 8245 Chapel Hill Rd
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