Investment Overview
Positioned at the vibrant intersection of Kildaire Farm Rd and Penny Rd in Cary, NC, this 1.74-acre corner lot offers outstanding accessibility and a high-traffic location, perfect for commercial development. Priced at $1,950,000, the site is strategically located near abundant retail and dining options, enhancing convenience. Utilities are readily available nearby, and zoning allows for a variety of uses, with an extension required. A prime opportunity in a bustling community, this lot promises high visibility and accessibility to major highways US-1 and HWY 64, making it a highly desirable investment.
Investment Highlights
- Prime Corner Location: Situated at the high-visibility intersection of Kildaire Farm Rd and Penny Rd in Cary, NC — a thriving and well-established community.
- 1.74-Acre Development Opportunity: Flat, usable site ideal for a wide range of commercial or mixed-use projects.
- High Traffic Counts: Excellent exposure to daily commuter and retail traffic, ensuring exceptional visibility for any business.
- Strategic Accessibility: Easy access to US-1 and HWY 64, connecting to major Triangle-area corridors and surrounding residential neighborhoods.
- Strong Surrounding Demographics: Located in a dense trade area with established retail, dining, and service amenities nearby.
- Zoning Flexibility: Allows for multiple potential uses to suit investors, developers, and owner-users.
- Utilities Nearby: All major utilities are available in proximity — an extension is required for site connection.
- Offered at $1,950,000: A rare investment opportunity in one of Cary’s most dynamic commercial corridors.