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1000 Marks Creek - Keithmark Mixed-Use Development Opportunity 161 Acres of Commercial Land in Knightdale, NC 27545
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 | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 161.00 AC |
| Property Type | Land | Cross Streets | Puryear Road |
| Zoning | RT - Residential | ||
| 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 |
| 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.
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1000 Marks Creek - Keithmark Mixed-Use Development Opportunity
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