FOR SALE: 2.59 acres in downtown Cary, NC. 27513. $21.00 per square foot. Make a offer. Ideal for long term investment or development. Located in Area 1 which is now called the North Academy Subarea. HDR-Mid-Rise. High Density Residential Mid-Rise (multi-family condo/apartment/office space. 18 - 50 units per acre, maximum building height 90 feet, normally 5 to 7 stories). Please note that 308 is only 1 of the 5 addresses included in the 2.59 acre assemblage. Located on the 2.59 acres is a duplex and a house, log cabin, and barn. The 5 addresses and lots are as follows: 308 Middleton Ave. = Lots 43-46. 320 Middleton Ave. = Lot 47. 401 Middleton (Duplex) = Lots 28-34. 0 Middleton Ave. = Lots 26-27. 317 Middleton Ave. (House) = Lots 20-25. This land is located on the highest elevation peak in downtown Cary. What a view! Timber on land is classified as "Piling Timber" used to build docks and piers. Timber has high market value. No Home Owners Association fee (HOA). 12 minute walk to the center of Downtown Cary, 9 minute walk to the Amtrak train station. Cary has been voted as one of the best places to live in the entire country. With its close proximity to 4 major hospitals (Duke, U.N.C., Wake Medical, Rex) 3 major universities (N.C. State, Duke, U.N.C), plus The Research Triangle Park for job opportunities, it's all about location. As prices of land increase and availability decrease, this unique property is an excellent choice for long term investment or development. For more information call (919) 467-9208.
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