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1921 Old US 264 Highway

43.1 Acres of Commercial Land Offered at $5,632,308 in Zebulon, NC 27597

Investment Highlights

  • Easy access to US Highway 264.
  • Ideal for mixed-use development or corporate campus.
  • Future "SAMU" Stadium Area Mixed Use designation.

Executive Summary

Prime mixed-use development site or corporate campus.
Wake County Real Estate ID 0418558.
Johnston County Parcel Number 11M01062, being only the portion on the north side of Old US 264.

Property Facts

Price $5,632,308
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Hospitality
  • Distribution
  • Hospital
  • Hotel
  • Industrial Live or Work Unit
Total Lot Size 43.10 AC

1 Lot Available

Lot

Price $5,632,308
Price Per AC $130,680
Lot Size 43.10 AC

43.10 acres located across from the US Foods Distribution Center, in the Carolina Mudcat's Five County Stadium area. Currently zoned "HI" Heavy Industrial by the Town of Zebulon and "AR" Agricultural by Johnston County.

Description

Property owner is in the process of applying for annexation into the Town of Zebulon. The property lies within the "SAMU" Stadium Area Mixed Use designated area in the GROW Zebulon Comprehensive Land Use Plan. Perfect for corporate campus or mixed-use development. Neighboring uses include the Carolina Mudcats' Five County Stadium, a Progress Energy site, and a US Foods distribution center. Convenient to US Highway 264 and NC Highway 39.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2715.04-93-3041-000
Land Assessment
$1,762,438
Improvements Assessment
$0
Total Assessment
$1,762,438

zoning

Zoning Code HI/AR (Currently zoned "HI" Heavy Industrial & "AR" Agricultural Residential, slated for future "SAMU" Stadium Area Mixed Use.)
HI/AR (Currently zoned "HI" Heavy Industrial & "AR" Agricultural Residential, slated for future "SAMU" Stadium Area Mixed Use.)
  • Listing ID: 28816344

  • Date on Market: 6/21/2023

  • Last Updated:

  • Address: 1921 Old US 264 Highway, Zebulon, NC 27597

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