503-519 Sorrell Street, Cary NC 27513

$ 3,100,000
503-519 Sorrell Street, Cary NC 27513, ,

Overview

  • Updated On:
  • September 11, 2024
  • Updated On:
  • September 11, 2024

Discover a unique opportunity to shape the future of downtown Cary with this rare urban infill development! Strategically positioned just steps away from the vibrant heart of downtown Cary and its stunning new park, this prime location offers easy access to major thoroughfares, including I-40, NC-54, Maynard Loop, and Harrison Ave, as well as RDU Airport. Zoned within the Medium Density Town Center Subdistrict, this listing encompasses parcels 503, 505, 507, 511, 517, and 519 Sorrell, totaling an impressive 2.17 acres. For those seeking even more potential, two additional neighboring parcels are available, bringing the total assemblage to 3.07 acres. With the possibility of developing approximately 22 single-family homes, 26+ townhomes, or a 60+ unit condominium building, this is your chance to make a significant impact in one of the most sought-after areas in the country. Don’t miss out on this exceptional opportunity to leave your mark in downtown Cary! For more details on the additional parcels, please refer to MLS Listing #10049160 509 Sorrell St & #10049154 521 Sorrell St.

Address: 503-519 Sorrell Street, Cary NC 27513
City:
State/County:
Zip: 27513
Country: US
Open In Google Maps
Property Id : 865096
Price: $ 3,100,000
Property Lot Size: 2 ft2
Listed By: Leslie Douglas
List Office Name: The Douglas Realty Group
DOM: 1
ElementarySchool: Wake - Kingswood
HighSchool: Wake - Cary
LotFeatures: Hardwood Trees
LotSizeArea: 2.17
LotSizeSquareFeet: 94525.2
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$ 15,894.31
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 12,019.31

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