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8360-8390 Chapel Hill Rd 0.83 - 1.74 Acre Commercial Land Lots Offered at $550,000 - $2,300,000 Per Lot in Cary, NC 27513
INVESTMENT HIGHLIGHTS
- Situated near the intersection of N Academy Street and Chapel Hill Road, offering high visibility and accessibility.
- Cary is one of the fastest-growing towns in North Carolina, offering robust economic growth and development opportunities.
- Potential for high returns on investment due to strategic location and ongoing development projects in Downtown Cary.
- Located in the heart of Cary’s vibrant downtown area, surrounded by a mix of commercial, retail, and residential properties.
- Increasing demand for commercial and residential spaces due to the expanding population and business environment.
PROPERTY FACTS
| Price | $550,000 - $2,850,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 2 | Total Lot Size | 2.57 AC |
| Property Type | Land | ||
| Zoning | GCP - General Commercial | ||
| Price | $550,000 - $2,850,000 |
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.57 AC |
| Zoning | GCP - General Commercial |
2 LOTS AVAILABLE
Lot 1
| Price | $2,300,000 | Lot Size | 1.74 AC |
| Price Per AC | $1,321,839.08 |
| Price | $2,300,000 |
| Price Per AC | $1,321,839.08 |
| Lot Size | 1.74 AC |
1.74 Acres for $2,300,000
Lot 2
| Price | $550,000 | Lot Size | 0.83 AC |
| Price Per AC | $662,650.60 |
| Price | $550,000 |
| Price Per AC | $662,650.60 |
| Lot Size | 0.83 AC |
0.83 Acres for $550,000
DESCRIPTION
Positioned at the intersection of N Academy Street and Chapel Hill Road, this property offers prime visibility and accessibility, ideal for a wide range of development projects. Nestled in the heart of Cary's bustling downtown area, it is surrounded by a vibrant mix of commercial, retail, and residential properties, presenting a wealth of potential for savvy investors. With Cary experiencing rapid growth and robust economic development, this property stands at the epicenter of high demand for both commercial and residential spaces, promising significant returns on investment. Its strategic location in a rapidly expanding urban environment solidifies this property as a compelling opportunity in the dynamic Cary real estate market.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $607,397 | |
| Land Assessment | $1,455,258 | Total Assessment | $2,062,655 |
PROPERTY TAXES
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8360-8390 Chapel Hill Rd
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