3.05 Acres of Residential Land FOR SALES INFORMATION: JOHN PHOENIX (OFFICE) (MOBILE)
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1 LAND FOR SALE: HOLLY SPRINGS ROAD 3.05 Acres of Residential Land (OFFICE) (MOBILE)
2 10221 Holly Springs Road LAND PARCEL FOR SALE SIZE ZONING Acres CDF-1 UTILITIES SITE LOCATION TRAFFIC COUNT Mikels & Jones Properties is pleased to exclusively list Holly Springs Road For Sale. This land is located along Holly Springs Road directly next to Holly PRICE Ridge Middle & Elementary. The current zoning is R-10, presenting the buyer of this property with an opportunity to redevelop into multiple single family dwellings. EXCLUSIVE ABSOLUTE NNN LEASE OFFERING
3 PROPERTY ATTRIBUTES INVESTMENT HIGHLIGHTS ADDRESS CITY/STATE Holly Springs Road Holly Springs, NC Attractive Market: Holly Springs is one of the top cities in North Carolina for affordability, education, economic health, and safety. Unbeatable Location: Conveniently situated near schools, restaurants, grocery stores, a golf club, and a number of other new communities. Located just 16 miles from Downtown Raleigh. ZIP CODE PIN LOT SIZE 3.05 AC ZONING R-10 ROAD FRONTAGE 213 (Approximately) LOT DEPTH (East) 516 (Approximately) LOT DEPTH (West) 528 (Approximately) PRICE $350,000
4 DEMOGRAPHICS The Holly Springs Road corridor presents strong demographics that show a Median Home Value of over $300,000, and an impressive Median Household Income of over $100,000. This bodes well for the redevelopment opportunity in this location because this is the highest Median Home Value and Household Income within a 5- mile radius. Sunset Ridge is 0.1 miles away from the site and houses are selling between $350K-$450K. DEMOGRAPHICS 1 Mile 3 Mile 5 Mile 2018 Total Population 7,954 44,182 96, Predicted Population 8,797 49, ,681 Average Age Total # of Households 2,738 15,501 34,013 Median Household Income $106,100 $96,191 $96,100 Median Home Value $303,865 $287,099 $292,279 DAILY TRAFFIC COUNT Holly Springs Road 13,000 N Main Street 14,000
5 ZONING MAP The subject property is located within the Municipality of Holly Springs zoning jurisdiction. The property is zoned R-10, which allows for subdividing the land for single family dwellings. This location remains residential use according to the Town s Future Land Use Plan BARRETT DR Due to the affordability and overall economic health of the Town of Holly Springs, there is a strong demand for residential in the area.
6 NEIGHBORHOOD MAP
7 MARKET HIGHLIGHTS Affordability: Holly Springs ranked 7th in Affordability amongst North Carolina cities. When calculating this ranking, SmartAsset took into account median income, current home prices, and mortgage payments. Community Friendly: The Raleigh suburb ranked 6th in Best Places for Young Families, according to NerdWallet. This ranking is based on growth, prosperity, quality of schools, community friendliness, and home affordability. Proximity: Holly Springs is located within a half an hour of central business districts including Downtown Raleigh, North Hills, Centre Green Office Park, and Research Triangle Park. LAND PARCEL FOR SALE SIZE ZONING UTILITIES SITE LOCATION TRAFFIC COUNT PRICE Acres CDF-1
8 LAND FOR SALE: HOLLY SPRINGS ROAD 3.05 Acres of Residential Land (OFFICE) (MOBILE)
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