Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Apex Barbecue Rd 2.23 Acres of Commercial Land Offered at $4,885,720 CAD in Apex, NC 27502

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 2.23 Acres Zoned PUD-CZ
  • Near downtown Apex and the Triangle Expressway I-540
  • Adjacent to Depot 499, Lennar mixed use community

EXECUTIVE SUMMARY

2.23 acres of prime commercial development property in Apex for sale. This property has an exceptional location that ensures high visibility and accessibility:
- Directly adjacent to Depot 499, a significant Lennar mixed-use development that will include over 1,000 residential units and more than 100,000 square feet for commercial uses. This provides an immediate and growing customer base right next door.
- About 3 miles from the future site for the North Carolina Children’s Hospital.
- Conveniently situated between historic Downtown Apex and the Triangle Expressway I-540.
- Exceptional highway access: Less than 0.4 miles from I-540, ensuring seamless connectivity to the wider Triangle region.
- Only about 2 miles from Downtown Apex's historic district, a vibrant area filled with boutiques, antique shops, and diverse dining experiences including:
- Just seven minutes from Beaver Creek Crossings for comprehensive shopping, dining, and entertainment options, including movies.
- Under 8 miles from Beaver Creek Commons, featuring major retailers like Target and a variety of dining spots.
- Recreational Opportunities: A 92-acre Town of Apex park is located less than a mile from the community, enhancing the appeal for residents, employees, and customers.
Lennar Carolinas, LLC (Depot 499) and Regency International Investments, LLC (owner) were the parties responsible for off-site infrastructure improvements including right-of-dedication, road expansion, the traffic light at the intersection of Apex Barbecue Road and South Salem Street, among others at a cost of over $800,000.
See “Permitted Uses” in the attached final approval by the Apex Town Council of the PUD-CZ zoning petition in 2020. Additionally, two conceptual design examples are shown below illustrating the range of potential development options.
A mixed-use building with a proposed area of approximately 90,000 square feet (spread across 6 floors, each approximately 15,000 square feet) is specifically detailed in conceptual plans with a proposed building height of approximately 90 feet in height which is available upon request.  
A proposed "Amenity Plaza" is presented and referenced in conceptual plans to include potential retail and a convenience store with fuel which is available upon request.  Of note, a rezoning is required for fuel use.

PROPERTY FACTS

Price $4,885,720 CAD
Sale Type Investment
Sale Conditions
Ground Lease (Leased Fee)
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Hotel
  • Restaurant
Total Lot Size 2.23 AC
Cross Streets S Salem St
Zoning Commercial Multi Tenant - Zoned PUD-CZ. See attached zoning approval (2020) and Section 3.3.3 C) of the Town of Apex Unified Development Ordinance.

1 LOT AVAILABLE

Lot

Price $4,885,720 CAD
Price Per AC $2,190,905.89 CAD
Lot Size 2.23 AC

This is a 2.88 acre plot of leveled, finish graded land ready for development. It has all utilities to site including electricity, water, sewer, cable, telephone and irrigation. The lot is currently zoned PUD-CZ.

DESCRIPTION

2.23 acres of prime commercial development property in Apex for ground lease. This property has an exceptional location that ensures high visibility and accessibility: - Directly adjacent to Depot 499, a significant Lennar mixed-use development that will include over 1,000 residential units and more than 100,000 square feet for commercial uses. This provides an immediate and growing customer base right next door. - About 3 miles from the future site for the North Carolina Children’s Hospital. - Conveniently situated between historic Downtown Apex and the Triangle Expressway I-540. - Exceptional highway access: Less than 0.4 miles from I-540, ensuring seamless connectivity to the wider Triangle region. - Only about 2 miles from Downtown Apex's historic district, a vibrant area filled with boutiques, antique shops, and diverse dining experiences including: - Just seven minutes from Beaver Creek Crossings for comprehensive shopping, dining, and entertainment options, including movies. - Under 8 miles from Beaver Creek Commons, featuring major retailers like Target and a variety of dining spots. - Recreational Opportunities: A 92-acre Town of Apex park is located less than a mile from the community, enhancing the appeal for residents, employees, and customers. Lennar Carolinas, LLC (Depot 499) and Regency International Investments, LLC (owner) were the parties responsible for off-site infrastructure improvements including right-of-dedication, road expansion, the traffic light at the intersection of Apex Barbecue Road and South Salem Street, among others at a cost of over $800,000. See “Permitted Uses” in the attached final approval by the Apex Town Council of the PUD-CZ zoning petition in 2020. Additionally, two conceptual design examples are shown below illustrating the range of potential development options. A mixed-use building with a proposed area of approximately 90,000 square feet (spread across 6 floors, each approximately 15,000 square feet) is specifically detailed in conceptual plans with a proposed building height of approximately 90 feet in height which is available upon request.   A proposed "Amenity Plaza" is presented and referenced in conceptual plans to include potential retail and a convenience store with fuel which is available upon request.  Of note, a rezoning is required for fuel use.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0731.12-87-3224-000
Land Assessment
$818,159 CAD
Improvements Assessment
$0 CAD
Total Assessment
$818,159 CAD
  • Listing ID: 37767852

  • Date on Market: 2025-09-22

  • Last Updated:

  • Address: Apex Barbecue Rd, Apex, NC 27502

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}