arborstone and greenway - Foundry Commercial

ER R D

STONELIC

KD R

CHANDL

GREYSTONE DR

ROSS RD

ARBORSTONE SINGLE FAMILY GREENWAY TOWNHOMES

FENIMORE ST

D ON R CLAYT

ARBORSTONE AND GREENWAY DURHAM, NORTH CAROLINA

±20.83 ACRES RESIDENTIAL LAND FOR SALE

ARBORSTONE AND GREENWAY RESIDENTIAL LAND FOR SALE Hillsborough 85

15

Creedmoor

70

Franklinton

GRANVILLE COUNTY

501

50

85

Falls Lake

86

SITE DURHAM

40

98

Youngsville

98

Wake Forest 55

147

70

CHAPEL HILL

540

54

Bunn

98 98

751

Carrboro

FRANKLIN COUNTY

96

DURHAM COUNTY

ORANGE COUNTY 86

401

1

40

540

401

Rolesville

50

RDU Airport

Research Triangle Park

96

WAKE COUNTY

1 70

55

401

751 54

PROPERTY OVERVIEW Morrisville Foundry Commercial is pleased to present 31 platted single family residential lots and 53 platted townhome Cary lots located off Chandler Road in East Durham, CHATHAM Durham COUNTY County, NC. The subject property, known Apex WAKE and Greenway as the future Arborstone single family COUNTY townhome community, offers a great opportunity for Jordan Pittsboro Lake an investor or builder to take advantage of existing entitlements for 84 platted lots. These lots, offered at an advantageous price point, allows the builder to fill Holly Springs market demand for the new construction starter home or move-up home. 540

751

64

64

40

PROPERTY FEATURES 70

75

55

The site is located off Highway 98 in close proximity to US Highway 70, the Durham Freeway, and the new Durham East End Connector. The neighborhood is central to Raleigh, Durham, Research Triangle Park, and RDU International Airport. A quick walk from the site is the Twin Lakes Park featuring a lighted synthetic turf soccer field, boating, fishing, and public picnic shelters overlooking the Twin Lakes.

Knightdale

401

TOTAL SIZE RALEIGH UTILITIES 1

495

Zebulon

Wendell

±20.83 ACRES 495

MUNICIPAL WATER & SEWER

440 40

ZONING LIST PRICE

96

RS-10 & PDR 8.500 $1,150,000

401

Garner

1

1

NASH COUNTY

440

JOHNSTON COUNTY

70

540

DEMOGRAPHICS

1 MILE

40

50

540

2016 POPULATION

10,035

2021 PROJECTED POPULATION

11,226

401

AVG. HOUSEHOLD INCOME

3 MILES Clayton

5 MILES

48,226 70

125,422

54,606

141,838

$58,275 $60,546

$58,345

TRAFFIC COUNTS CLAYTON ROAD

7,000 VPD

HWY 98

26,000 VPD

US HWY 70

54,000 VPD

For more information, please contact:

KARL HUDSON IV, CCIM Vice President (919) 987 1012 [email protected]

MATT GILLIAM Senior Associate (919) 987 1010 [email protected]

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520 Raleigh, NC 27612

foundrycommercial.com

ARBORSTONE AND GREENWAY RESIDENTIAL LAND FOR SALE LOCATION & AMENITIES

85 E CLU

ST

B BLV

N ROXBORO ST

85

R

EE

EG D

15

85 MILAN WOODS

SHOPS AT ERWIN MILL

RD EEK CH BORO ST

ER

RD

SOUTHERN HIGH SCHOOL

RD

98

D LV

N ALSTON AVE

N

CLAYTON

JU

TIO NC

IB

AM

DOWNTOWN DURHAM

MI

W CHAPEL HILL ST

70 54,000 VPD

147

ST

N

N ROX

E

GE

ROSS RD

55

SITE

LOW AY S T 00 V

98

RD

ST

MI IA

ON

70

PD

SM

E LA WS

AVE

LYNN

AN GIE R

VPD

26,0

147

7,000

HOL

VD BL

DURHAM TECHNIICAL COMMUNITY COLLEGE

NORTH CAROLINA CENTRAL UNIVERSITY

147

SA N TO LS

WY APEX H

E AV

For more information, please contact:

KARL HUDSON IV, CCIM Vice President (919) 987 1012 [email protected]

MATT GILLIAM Senior Associate (919) 987 1010 [email protected]

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520 Raleigh, NC 27612

foundrycommercial.com

ARBORSTONE AND GREENWAY RESIDENTIAL LAND FOR SALE ARBORSTONE SINGLE FAMILY - 31 FUTURE LOTS

For more information, please contact:

KARL HUDSON IV, CCIM Vice President (919) 987 1012 [email protected]

MATT GILLIAM Senior Associate (919) 987 1010 [email protected]

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520 Raleigh, NC 27612

foundrycommercial.com

ARBORSTONE AND GREENWAY RESIDENTIAL LAND FOR SALE GREENWAY TOWNHOMES - 53 FUTURE LOTS

For more information, please contact:

KARL HUDSON IV, CCIM Vice President (919) 987 1012 [email protected]

MATT GILLIAM Senior Associate (919) 987 1010 [email protected]

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520 Raleigh, NC 27612

foundrycommercial.com