1108-1112 SE Maynard Rd - Residential LAND FOR SALE


Cary, NC 27511- Outlying North Cary/Morrisville105,851 SF
$1,500,000 USD
919-612-6696
1108-1112 SE Maynard Rd, Cary, NC for Sale
$1,500,000 USD
Residential LAND - FOR SALE
1/1
105,851 SF

1108-1112 SE Maynard Rd
Cary, NC 27511
Outlying North Cary/Morrisville


HIGHLIGHTS

  • Positioned along SE Maynard Road within a highly accessible Cary submarket.
  • Municipal utilities in place to facilitate development.
  • Conceptual plans suggest multiple residential configurations, including townhomes and multifamily units.

OVERVIEW

This 2.43-acre land offering presents an outstanding development opportunity in thriving Cary, North Carolina. Currently zoned R-40, the property aligns with future land use plans for multifamily housing or civic-oriented projects, enhancing its long-term investment appeal. The Property is part of the Eastern Cary Gateway. Situated on SE Maynard Road, the site provides outstanding visibility and benefits from a traffic count of approximately 18,000 vehicles per day, ensuring strong connectivity and potential demand for residential or mixed-use applications. The parcel enjoys municipal water and sewer services, reducing utility coordination challenges for prospective developers. With conceptual layouts for up to 73 multifamily units or alternative configurations such as 48-2 Over 2 townhomes, the property allows flexibility in design to meet diverse housing needs. Please note the conceptual plans likely require either acquiring the small sliver of land between Village Greenway and the subject property or acreage from the adjacent Oxford Square Apartments. The Seller has contact information for both property owners and has engaged in discussions previously regarding acquiring either of the options. Located minutes from I-40 and the Raleigh-Durham International Airport, the site offers unmatched convenience for commuters and residents. Nearby retail, dining, and lifestyle destinations include Fenton, Cary Towne Center redevelopment, and Village Square, as well as local favorites and national brands. Educational institutions such as East Cary Magnet Middle, Adams Elementary, and Cary Senior High School further reinforce the area's livability. Offered at $1,500,000, this property delivers both prime positioning and value for discerning developers and investors.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$617,284/AC

PRICE/SF

$14 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units - Condo, Single Family Residence

LAND ACRES

2.43 AC

LAND SF

105,851 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R-40

APN/PARCEL ID

0773.05-08-0878-000,0773.05-09-2005-000

ASK ABOUT THIS PROPERTY

Michael WaldropWaldrop Properties, LLCMore Info
919-612-6696

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Michael WaldropWaldrop Properties, LLCMore Info
919-612-6696

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.