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4060 Sumner Blvd
Raleigh, NC 27616
4060 Sumner Boulevard · Land For Sale · 1.19 AC

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INVESTMENT HIGHLIGHTS

  • Conveniently located in one of the fastest growing submarkets in the Triangle.
  • Close proximity to I-540, and U.S. 401.

EXECUTIVE SUMMARY

Foundry Commercial is pleased to present approximately 1.19 acres of land located along Sumner Boulevard adjacent to Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401. Triangle Town Center and Poyner Place feature numerous amenities as well as a diverse collection of national, regional, and local retail tenants such as Belk, Saks Fifth Avenue, Dick’s Sporting Goods, Old Navy, World Market, H&M, and Target. The Property is conveniently located in one of the fastest growing submarkets in the Triangle and allows a developer to take advantage of increased infrastructure, population growth and rising incomes. The site is located within the (CX-4-CU) Commercial Mixed Use zoning district within the City of Raleigh, which allows for a variety of retail, multifamily and commercial uses with a height restriction up to four stories.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Strip Centre
Total Lot Size 1.19 AC
Cross Streets Fox Rd
Zoning CX-4-CU - Commercial Mixed Use

1 LOT AVAILABLE

Lot

Lot Size 1.19 AC

DESCRIPTION

Approximately 1.19 acres of land located along Sumner Boulevard adjacent to Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1726.08-78-9732-000
Land Assessment
$14,128,934 CAD
Improvements Assessment
$62,419,801 CAD
Total Assessment
$76,548,736 CAD
  • Listing ID: 6744051

  • Date on Market: 2014-02-24

  • Last Updated:

  • Address: 4060 Sumner Blvd, Raleigh, NC 27616

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