MAJOR PRICE REDUCTION 19 Townhouse Lots Partially Developed Lots on the Ground Proximate to N Roxboro St (US-501) Close to Grocery, Pharmacy, Gas, Restaurants and Public Transportation Near proposed new Publix Grocery Strong Area of Growth FOR SALE $299,000
19 Confidentiality Residential Lots Statement Infinity Road & 19 Windermere Residential Lots Drive, at Durham Infinity Road NC 27712 The information contained in this Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party(ies) receiving it from Blue Sky Services Real Estate LLC and should not be made available to any other person or entity without the written consent of Blue Sky Services Real Estate LLC. If you are not the intended recipient, you are hereby notified that any retention, dissemination, duplication, forwarding, copying or taking any action in reliance on the contents of this information is strictly prohibited. If you receive this Offering Memorandum in error, whether in electronic or printed form, please notify the sender and destroy the document. This Offering has been prepared to provide a summary of unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Blue Sky Services Real Estate LLC has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB s or asbestos, the compliance with state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant s plans or intentions to continue its occupancy of the subject property. The information contained in this Offering has been obtained from sources we believe are reliable; however, Blue Sky Services Real Estate LLC has not verified, and will not verify, any of the information contained herein, nor has Blue Sky Services Real Estate LLC conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must verify all of the information set forth herein.
Executive Summary: Blue Sky Services is pleased to present an outstanding Residential Development Site. Consisting of 19 townhouse lots, this property is a turn-key opportunity to enter an established community. The site is near the intersection of N Roxboro Street (US-501) and Infinity Road in Durham, North Carolina. US-501 is a heavily travelled North- South commuting route between RDU-Triangle employment centers and their bedroom communities in Durham County. Also in close proximity is a proposed 30 ac mixed use development, including a new Publix grocery store. With easy access, the site is located in an area of rapid growth in Durham County. Durham is the county seat of Durham County. July 2012 U.S. Census estimates reflect the city had a population of approximately 245,475, and the Raleigh-Durham-Chapel Hill area topped 736,856. From 2000 to 2010, the City of Durham grew 22%.
SITE PLAN
LOT INVENTORY Property Legal Description: WINDERMERE RDG TWNHMS / SEC: 04/PH: 02 Lot # Parcel ID Address Acres Book Page 17 201500 115 WINDERMERE DR, #801 0.038 007195 000384 18 201501 115 WINDERMERE DR, #802 0.024 007195 000384 19 201503 115 WINDERMERE DR, #803 0.036 007195 000384 20 201504 115 WINDERMERE DR, #804 0.033 007195 000384 21 201505 115 WINDERMERE DR, #805 0.030 007195 000384 22 201506 115 WINDERMERE DR, #806 0.029 007195 000384 0.190 Property Legal Description: WINDERMERE RDG TWNHMS / SEC: 05/PH: 02 Lot # Parcel ID Address Acres Book Page 23 201508 115 WINDERMERE DR, #501 0.041 007195 000388 24 201509 115 WINDERMERE DR, #502 0.037 007195 000388 25 201510 115 WINDERMERE DR, #503 0.038 007195 000388 26 201511 115 WINDERMERE DR, #504 0.045 007195 000388 27 201512 115 WINDERMERE DR, #701 0.054 000719 500388 28 201513 115 WINDERMERE DR, #702 0.028 007195 000388 29 201514 115 WINDERMERE DR, #703 0.029 007195 000388 30 201515 115 WINDERMERE DR, #704 0.058 007195 000388 0.330 Property Legal Description: WINDERMERE RDG TWNHMS / SEC: 01/PH: 02 Lot # Parcel ID Address Acres Book Page 01 REV 201482 115 WINDERMERE DR, #101 0.039 007195 000384 02 REV 201483 115 WINDERMERE DR, #102 0.031 007195 000384 03 REV 201484 115 WINDERMERE DR, #103 0.022 007195 000384 04 REV 201485 115 WINDERMERE DR, #104 0.024 007195 000384 05 REV 201486 115 WINDERMERE DR, #105 0.044 007195 000384 0.160 Total Acres = 0.680
AERIAL MAP POPULATION GROWTH ANALYSIS (5 Miles) DEMOGRAPHIC SUMMARY POPULATION Durham, NC 423,179 Durham County 974,289 WINDERMERE RIDGE 1 mile 3 miles 5 miles Population 4,304 37,983 86,170 Median Age 39.8 38.4 36.9 % Employed 62.62% 63.02% 62.28% HOUSEHOLDS 1 mile 3 miles 5 miles Total Households 1,684 15,191 34,717 Median HH Value $167,380 $170,607 $177,243 Average HH Income $73,315 $70,012 $70,362 RADIUS MAP