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1000 Marks Creek - Keithmark Mixed-Use Development Opportunity 161 Acres of Commercial Land in Knightdale, NC 27545

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INVESTMENT HIGHLIGHTS

  • Location provides easy access to both Raleigh-Durham International Airport and Research Triangle Park.
  • Town of Knightdale and is anticipating a conceptual sketch plan which allows for ±440 apartments, 240 single-family homes, 110 townhomes and more.

EXECUTIVE SUMMARY

The 161-acre property is situated near the intersection of Interstate Highway 87 and Business Highway 64/Knightdale Boulevard in Knightdale, NC. With excellent access to Downtown Raleigh and the I-540 outer loop, this location provides easy access to both Raleigh-Durham International Airport and Research Triangle Park. This opportunity provides the ability to streamline the entitlements process, begin construction and deliver units quickly in a booming market.

PROPERTY FACTS

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 161.00 AC
Cross Streets Puryear Road
Zoning RT - Residential

1 LOT AVAILABLE

Lot

Lot Size 161.00 AC

DESCRIPTION

Avison Young's Carolinas Multifamily Team is pleased to exclusively represent the seller of the Keithmark development land. The seller has been involved in several meetings with the Town of Knightdale and is anticipating a conceptual sketch plan which allows for ±440 apartments, 240 single-family homes, 110 townhomes and ±70,000 square feet of commercial space.

  • Listing ID: 27111503

  • Date on Market: 2022-11-14

  • Last Updated:

  • Address: 1000 Marks Creek, Knightdale, NC 27545

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