🏗️ Prime Development Opportunity Near the Fairgrounds !Location, Location, Location! Seize this exceptional opportunity to acquire two adjacent parcels totaling 0.92 acres of highly valuable commercial land, strategically located with unbeatable proximity to the bustling Fairgrounds and the area's planned future development zones.This offering is ideal for developers, rehabbers, investors,… Read More and businesses looking to capitalize on a high-growth corridor.Key Investment Highlights: Total Acreage: 0.92 Acres 5416 Chapel Hill rd is .49 acres and 103 Gary St is.43acres Sold separately for $356K).Strategic Location: Direct adjacency and easy access to the Fairgrounds, making it perfect for supporting businesses, hospitality, or mixed-use development (subject to zoning approval).Development Ready: The value lies squarely in the land. Both existing structures are tear-downs, offering a clean slate for your vision. Demolition Quotes Available: We have secured preliminary demolition quotes for both houses to streamline your development timeline and provide immediate clarity on initial costs. Read Less
Courtesy of Coldwell Banker HPW, Marika La Sorsa, 919-876-8824.
Listing Snapshot
Days Online
39
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
1
Partial Baths
1
Square Ft.
2,970
Lot Size
0.49 Acres
Year Built
1930
MLS Number
10141729
30 Days Snapshot Of 27607
$219k
0%
(avg) sold price
0
-100%
homes sold
99
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "Exterior Entry", "Unfinished"
Building
Building Area Total: 2970, Building Area Units: Square Feet, Construction Materials: "Brick", Living Area Units: Square Feet, Living Area: 2970, Structure Type: "House", "Mixed Use", "Site Built", Year Built: 1930
Cooling
Cooling: "Window Unit(s)", Cooling Included
Fireplaces
Fireplace Included
Floors
Flooring: "Hardwood", "Tile"
Foundation
Foundation Details: "Combination"
Heating
Heating: "Natural Gas", Heating Included
Lot
Lot Size Acres: 0.49, Lot Size Area: 21344.4, Lot Size Dimensions: per deed, Lot Size Square Feet: 21344.4, Lot Size Units: Square Feet, Parcel Number: 078414326783000 0469730
Parking
1 carport space, Carport Included
Property
Property Sub Type: Single Family Residence, Zoning: NX-3
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Tax Annual Amount: 3150.4
Utilities
Water Source: "Public"
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