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Pointe Realty Group

[email protected] +1(919) 614-4360

Listed by The Douglas Realty Group

$ 3,100,000

Est. payment -/mo

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Active

503-519 Sorrell Street Cary, NC 27513

2.17 Acres Lot

UPDATED:

10/19/2024 08:25 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In A Subdivision

MLS Listing ID 10051669

HOA Y/N No

Originating Board Triangle MLS

Annual Tax Amount $9,374

Lot Size 2.170 Acres

Acres 2.17

Property Description

Discover a unique opportunity to shape the future of downtown Cary with this rare urban infill development! Strategically positioned just steps away from the vibrant heart of downtown Cary and its stunning new park, this prime location offers easy access to major thoroughfares, including I-40, NC-54, Maynard Loop, and Harrison Ave, as well as RDU Airport. Zoned within the Medium Density Town Center Subdistrict, this listing encompasses parcels 503, 505, 507, 511, 517, and 519 Sorrell, totaling an impressive 2.17 acres. For those seeking even more potential, two additional neighboring parcels are available, bringing the total assemblage to 3.07 acres. With the possibility of developing approximately 22 single-family homes, 26+ townhomes, or a 60+ unit condominium building, this is your chance to make a significant impact in one of the most sought-after areas in the country. Don't miss out on this exceptional opportunity to leave your mark in downtown Cary! For more details on the additional parcels, please refer to MLS Listing #10049160 509 Sorrell St & #10049154 521 Sorrell St.

Location

State NC

County Wake

Zoning TC-MDR

Direction From I-40, take exit 290 onto NC-54/Chapel Hill Rd & into Downtown Cary. Take the 1st right onto Sorrell St & the lots will be on your right.

Rooms

Other Rooms Residence

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N Yes

Present Use Unimproved

Street Surface Paved

Private Pool No

Building

Lot Description Hardwood Trees

Faces From I-40, take exit 290 onto NC-54/Chapel Hill Rd & into Downtown Cary. Take the 1st right onto Sorrell St & the lots will be on your right.

Sewer Public Sewer

Water Public

Schools

Elementary Schools Wake - Kingswood

Middle Schools Wake - Reedy Creek

High Schools Wake - Cary

Others

Special Listing Condition Standard

Pointe Realty Group

+1(919) 614-4360

Pointe Realty Group

503-519 Sorrell Street Cary, NC 27513

Key Details

Location

Rooms

Exterior

Building

Schools

Others

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