503-519 Sorrell Street Cary, NC $ 4,000,000
503-519 Sorrell Street
$ 4,000,000
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503-519 Sorrell Street

Cary, NC, 27513
$ 4,000,000
Baths0.0

Monthly Estimate*

$ 27,941

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Studio

Lots and Land for sale in Cary, NC

for $4,000,000. The lot size is 2.75.

URBAN INFILL DEVELOPMENT OPPORTUNITY IN DOWNTOWN CARY WITHIN THE TOWN CENTER AREA PLAN. MEDIUM DENSITY TOWN CENTER SUBDISTRICT LAND ASSEMBLAGE CONSISTING OF SEVEN CONTIGUOUS LOTS WITH 360+ FEET OF ROAD FRONTAGE! MAY YIELD UP TO 19 SINGLE-FAMILY HOMES, 21 TOWNHOUSES OR 60+ CONDO UNITS (SUBJECT TO DESIGN, SETBACKS, ZONING CONDITIONS, ETC.) SERIOUS INQUIRIES ONLY. LOTS ARE NOT FOR SALE INDIVIDUALLY. LISTING AGENT/FIRM IS HIGHLY EXPERIENCED WITHIN CARY DOWNTOWN'S REVITALIZATION OVER THE PAST 15+YRS, WITH OVER 30 SFH NEW BUILDS AND OTHER LAND DEVELOPMENT PROJECTS. BUILDER TEAMS WELCOME!

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Lots and Land Active

Price

$ 4,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

2.75

Town/City

Cary

County/Region

Wake

MLS | Web ID

2510957

Features
General
Sewer Public Sewer
Utilities Water Available Other
Zoning TC-MDR
Property SubType Unimproved Land
Current Use Vacant
County Wake
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Subdivision Name Cary Heights
Garage Y/N N
Status Active
Directions FROM DOWNTOWN CARY PARK: NORTH ON ACADEMY STREET TO CHAPEL HILL RD. RIGHT ON CHAPEL HILL RD. LEFT ON SORRELL STREET. FROM I-40: CHAPEL HILL RD (HWY 54) EXIT WEST TOWARD DOWNTOWN CARY. CROSS NE MAYNAR
High School Wake - Cary
City Cary
Buyer Agent Compensation 2.50
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 119790
Waterfront Y/N N
Carport Y/N N
Street Name Sorrell
Elementary School Wake - Kingswood
Property Attached Y/N N
Middle/Junior High School Wake - East Cary
Lease Considered Y/N N
Days on Market 340
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Level Sloped
Water Source Public
Lot Size Area 2.75
Spa N
Lot Dimensions NO SURVEY - APPRO x IMATE
Lot Size Acres 2.75
Road Surface Type Paved
Lot Size Units Acres
Open Parking Y/N N
Horse Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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* Excluded Features
List By
Keith M Bliss

Listing Agent

Lpt Realty, Llc

Broker

Affordability Calculator

$27,941
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,941
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1123506 Elementary School
1598951 Middle School
Wake - Cary High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2023$4,000,000 Listed Price

Map


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503-519 Sorrell Street, Cary, NC, 27513 is a Lots and Land for sale at $4,000,000 with a lot size of 2.75. 503-519 Sorrell Street is a studio with 0.0 baths. The property's zip code is 27513 which is in Cary, NC