$3,100,000
 $17,601 est/mo Sourced by Back At You

503-519 Sorrell Street , Cary, NC 27513

Cary, NC 27513

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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.

Details

MLS#10051669
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Days On Site131
Listing Provided ByThe Douglas Realty Group | Leslie Douglas

Features

ZoningTC-MDR
Acreage2.17
Property ViewYes

Market Activity 27513

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StateNC
CountyWake
CityCary
Zip Code27513
AreaWake
Community NameNot in a Subdivision
School DistrictWake - Cary
Elementary SchoolWake - Kingswood
Middle SchoolWake - Reedy Creek
High SchoolWake - Cary
Listing VS Median (in Not in a Subdivision)
Price:
$3,100,000
low | high
Med:
$319,900
100% of Average
On Site:
131
low | high
Med:
35
100% of Average
Sourced by Back At You
Listing Updated: December 31, 2024 at 9:10:13 AM PST