Apex Barbecue Rd @ S Salem St - Commercial LAND FOR SALE


Apex, NC 27502- Cary Crossroads/Apex97,139 SF
$3,500,000 USD
919-213-1595
Apex Barbecue Rd @ S Salem St, Apex, NC for Sale
$3,500,000 USD
Commercial LAND - FOR SALE
1/4
97,139 SF

Apex Barbecue Rd @ S Salem St
Apex, NC 27502
Cary Crossroads/Apex


HIGHLIGHTS

  • 2.23 Acres Zoned PUD-CZ
  • Adjacent to Depot 499, Lennar mixed use community
  • Near downtown Apex and the Triangle Expressway I-540

OVERVIEW

2.23 acres of prime commercial development property in Apex for sale. This property has an exceptional location that ensures high visibility and accessibility: - Directly adjacent to Depot 499, a significant Lennar mixed-use development that will include over 1,000 residential units and more than 100,000 square feet for commercial uses. This provides an immediate and growing customer base right next door. - About 3 miles from the future site for the North Carolina Children’s Hospital. - Conveniently situated between historic Downtown Apex and the Triangle Expressway I-540. - Exceptional highway access: Less than 0.4 miles from I-540, ensuring seamless connectivity to the wider Triangle region. - Only about 2 miles from Downtown Apex's historic district, a vibrant area filled with boutiques, antique shops, and diverse dining experiences including: - Just seven minutes from Beaver Creek Crossings for comprehensive shopping, dining, and entertainment options, including movies. - Under 8 miles from Beaver Creek Commons, featuring major retailers like Target and a variety of dining spots. - Recreational Opportunities: A 92-acre Town of Apex park is located less than a mile from the community, enhancing the appeal for residents, employees, and customers. Lennar Carolinas, LLC (Depot 499) and Regency International Investments, LLC (owner) were the parties responsible for off-site infrastructure improvements including right-of-dedication, road expansion, the traffic light at the intersection of Apex Barbecue Road and South Salem Street, among others at a cost of over $800,000. See “Permitted Uses” in the attached final approval by the Apex Town Council of the PUD-CZ zoning petition in 2020. Additionally, two conceptual design examples are shown below illustrating the range of potential development options. A mixed-use building with a proposed area of approximately 90,000 square feet (spread across 6 floors, each approximately 15,000 square feet) is specifically detailed in conceptual plans with a proposed building height of approximately 90 feet in height which is available upon request.   A proposed "Amenity Plaza" is presented and referenced in conceptual plans to include potential retail and a convenience store with fuel which is available upon request.  Of note, a rezoning is required for fuel use.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$1,569,503/AC

PRICE/SF

$36 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Hotel, Restaurant

LAND ACRES

2.23 AC

LAND SF

97,139 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Cable, Telephone, Irrigation

ZONING

Commercial Multi Tenant

APN/PARCEL ID

0731.12-87-3224-000

ASK ABOUT THIS PROPERTY

Jeff HunterJulie Wright Commercial Group, LLCMore Info
919-213-1595

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Jeff HunterJulie Wright Commercial Group, LLCMore Info
919-213-1595

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