1307 W Main St - 1.16 Acres
1.16 Acres of Commercial Land Offered at $950,000 in Carrboro, NC 27510
INVESTMENT HIGHLIGHTS
- Could be developed as apartments or condos.
- Rare multi-family development opportunity.
EXECUTIVE SUMMARY
Conveniently situated on West Main Street near the merge with NC Hwy 54. Special Use Permit approval is in process with the Town of Carrboro. Proposed design features five stories with 36 dedicated parking spaces.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $950,000 |
| Price Per AC | $818,965.52 |
| Lot Size | 1.16 AC |
Desirable location in popular Carrboro, NC
DESCRIPTION
1.16 acres zoned for a 34 unit multi family development. No substantial offsite improvements required.
1 of 1
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 9778286664 | Improvements Assessment | $0 |
| Land Assessment | $348,000 | Total Assessment | $348,000 |
ZONING
| Zoning Code | B3 (Business) |
