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194 acres land in Opportunity Zone For Sale - NC 751 Highway Apex

194 acres land in Opportunity Zone For Sale - NC 751 Highway Apex  194 acres land in Opportunity Zone For Sale - NC 751 Highway Apex  194 acres land in Opportunity Zone For Sale - NC 751 Highway Apex  194 acres land in Opportunity Zone For Sale - NC 751 Highway Apex  194 acres land in Opportunity Zone For Sale - NC 751 Highway Apex  194 acres land in Opportunity Zone For Sale - NC 751 Highway Apex  194 acres land in Opportunity Zone For Sale - NC 751 Highway Apex

Property Overview

Price/Rent PSF $ 5,800,000.00
Asset Type Land
Trade Type Sale
Acres Available 194.00
Date Available 06/25/2020
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Description

Location
In Apex, Chatham county. At corner of NC HWY 751 and Martha`s Chapel Road.


Sale
Rare 194 acres land in Opportunity Zone listed at Only $5.8M(less than $30k/acre) in the fastest growing NC RTP area. Approved site plan of 40 lots for high-end properties with custom builder's offers provides the bottom line of this property's profit of around $4-5M. JV Proposal received from 3rd party to develop 1210 Residential units+Retail gives the owner potential profit of $11-13M in the next 6-10 years without paying any tax due to its OZ feature.

Location

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