Attention investors and developers: Court Ordered Auction of +/-2.4 acre development tract to be sold in a single offering. Strategically located as logical access point to a 50+ acre commercial development tract at the Southwest quadrant of I-40 Raleigh Beltline and S. Saunders Street (Exit 298). The site offers +/-437' of road frontage on Carolina Pines Ave/Granite St, just off of S. Saunders. Average daily traffic count on South Saunders is 63,000 VPDTo make this investment opportunity even more attractive, the site contains two older buildings with four rental units to help offset carrying costs. Current rents are approximately $2,625/month when fully occupied. Potential opportunity to add additional units in one building. DirectionsFrom the Raleigh Beltline, I-40/US 64 West, take Exit 298A onto South Saunders St/US 401 South. Take first right onto Carolina Pines Ave and the Property is immediately on Right.Tranzon Fox ; NCAF 4953
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
