5.89± Acres of High-Density Development Land near Raleigh’s planned Bus Rapid Transit (BRT) corridor Transit-Oriented Development Potential with RX-4 zoning and TOD overlay Strategic Infill Location adjacent to New Bern Crossing — a newly constructed 192-unit affordable housing community developed through a public-private partnership with the City of Raleigh Strong Residential Demand Drivers supported by public investment and nearby new construction Public Water & Sewer Available – Infrastructure in place Multiple Parcels Assembled, including: › 3700 Essie St. - ±0.93 acres › 3701 Essie St. - ±0.94 acres › 3705 Essie St. - ±0.71 acres › 3708 Essie St. - ±0.42 acres › 3709 Essie St. - ±0.71 acres › 3701 Polly St. - ±1.60 acres Additional ±2.29 Acres Available with R-4 zoning for future expansion or phased development Zoned RX-4 (Residential Mixed Use) and R-4 › RX-4 allows for a variety of residential building types › Base density exceeds 10 units per acre › Building heights up to 4 stories Transit Overlay District (TOD) › Enhanced development flexibility near transit corridors › TOD replaces underlying zoning standards with RX standards › No capped density (units per acre not directly limited) › Building heights typically 4–5 stories › Potential densities of 20+ units per acre in many locations › Parking typically 1.5–2 spaces per unit