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Apex Barbecue Rd 2.23 Acres of Commercial Land Offered at $3,700,000 in Apex, NC 27502
Investment Highlights
- Signalized corner location with direct access to Apex Barbecue Rd and South Salem Street.
- Under 0.4 miles from I-540 connecting Apex to Raleigh, Durham, and the Triangle region.
- Less than 2 miles from historic Downtown Apex with boutique retail and diverse dining.
- Adjacent to Depot 499 mixed-use community featuring 1,000+ planned residential units.
- $800,000 worth of infrastructure upgrades including new traffic light and road expansions.
- Flexible PUD-CZ zoning supports retail, office, hospitality, and restaurant development.
Executive Summary
Lennar Carolinas, LLC (Depot 499) and Regency International Investments, LLC (owner) were the parties responsible for off-site infrastructure improvements including right-of-dedication, road expansion, the traffic light at the intersection of Apex Barbecue Road and South Salem Street, among others.?
See “Permitted Uses” in the attached final approval by the Apex Town Council of the PUD-CZ zoning petition in 2020.?
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot
| Price | $3,700,000 | Lot Size | 2.23 AC |
| Price Per AC | $1,659,192.83 |
| Price | $3,700,000 |
| Price Per AC | $1,659,192.83 |
| Lot Size | 2.23 AC |
2.23-acre parcel located at the signalized intersection of Apex Barbecue Road and South Salem Street in Apex, NC. Zoned PUD-CZ, this site offers flexibility for a range of commercial uses such as retail, office, hotel, or restaurant.
Description
A prime development lot situated less than 0.4 miles from the Triangle Expressway (I-540) and approximately two miles from Historic Downtown Apex. The property is adjacent to Depot 499, Lennar’s mixed-use community bringing over 1,000 residential units and extensive retail space. This parcel combines superior visibility with immediate proximity to an established and growing customer base, making it ideal for high-impact commercial projects.
Property Taxes
| Parcel Number | 0731.12-87-3224-000 | Total Assessment | $582,834 |
| Land Assessment | $582,834 | Annual Taxes | ($1) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Presented by
Apex Barbecue Rd
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