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

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 | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.19 AC |
| Property Type | Land | Cross Streets | Fox Rd |
| Property Subtype | Commercial | ||
| Zoning | CX-4-CU - Commercial Mixed Use | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| 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 |
| 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
| Parcel Number | 1726.08-78-9732-000 | Improvements Assessment | $62,419,801 CAD |
| Land Assessment | $14,128,934 CAD | Total Assessment | $76,548,736 CAD |
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
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