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4060 Sumner Blvd - 4060 Sumner Boulevard 1.19 Acres of Commercial Land in Raleigh, NC 27616
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.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1726.08-78-9732-000 | Improvements Assessment | $61,141,729 CAD |
| Land Assessment | $13,839,638 CAD | Total Assessment | $74,981,368 CAD |
Property Taxes
Parcel Number
1726.08-78-9732-000
Land Assessment
$13,839,638 CAD
Improvements Assessment
$61,141,729 CAD
Total Assessment
$74,981,368 CAD
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4060 Sumner Blvd - 4060 Sumner Boulevard
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