The largest piece of a 1.12-Acre combined lot next to Downtown Cary--you can NOT miss it! 0.37 Acres of 4 adjacent parcels totaling of 100% buildable 1.12 prime acres of Land in the heart of Downtown Cary! This 1.12-acre continuous land has the potential to be subdivided and built into high-end townhomes, condos, or apartments. With public water, sewer, and power already available, this is a developer's dream in one of the Triangle's most desirable and fast-growing areas! Right next to the Business Development District of Town of Cary, just a short walk to bus stops, Cary Station, shopping, restaurants, coffee shops, banks, Cary Downtown Park, museums, and the new library, These 4 adjacent parcels offer unbeatable location, walkability, and long-term value. Whether you are a builder, investor, or developer, This is your chance to secure a large footprint in downtown Cary-an opportunity that rarely comes along! The combined listings are 10093410, 10094396, 10095144. Lot limits are just for illustration. Accurate lot lines will be decided by survey. Buyers are responsible for verifying the details for development.
For sale
$1,200,000
408 Madison Ave, Cary, NC 27513
3beds
1,174sqft
Est.:
Single Family Residence, Residential
Built in 1971
0.37 Acres Lot
$1,159,000 Zestimate®
$1,022/sqft
$-- HOA
What's special
- 62 days
- on Zillow |
- 382 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: May 13, 2025 at 02:08pm
Listed by:
Xueni Chang 984-710-6853,
Costello Real Estate & Investm
Source: Doorify MLS,MLS#: 10089900

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Hot Water, Natural Gas
Cooling
- Ceiling Fan(s), Electric, Gas
Features
- Flooring: Hardwood
Interior area
- Total structure area: 1,174
- Total interior livable area: 1,174 sqft
- Finished area above ground: 1,174
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached, Open
- Attached garage spaces: 1
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 0.37 Acres
Details
- Parcel number: 0764.17223054.000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Batts Insulation, Blown-In Insulation, Fiber Cement, HardiPlank Type, Shake Siding
- Foundation: Raised
- Roof: Asphalt, Fiberglass
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
Location
- Region: Cary
Financial & listing details
- Price per square foot: $1,022/sqft
- Tax assessed value: $367,915
- Annual tax amount: $3,104
- Date on market: 4/17/2025
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