503-519 Sorrell Street

Cary, NC 27513

$4,000,000
Price
119,790 / 2.75
Lot Size / Acres

Description

Urban infill development opportunity in downtown cary within the town center area plan. Medium density town center subdistrict land assemblage consisting of seven contiguous lots with 360+ feet of road frontage! May yield up to 19 single-family homes, 21 townhouses or 60+ condo units (subject to design, setbacks, zoning conditions, etc.) Serious inquiries only. Lots are not for sale individually. Listing agent/firm is highly experienced within cary downtown's revitalization over the past 15+yrs,...Urban infill development opportunity in downtown cary within the town center area plan. Medium density town center subdistrict land assemblage consisting of seven contiguous lots with 360+ feet of road frontage! May yield up to 19 single-family homes, 21 townhouses or 60+ condo units (subject to design, setbacks, zoning conditions, etc.) Serious inquiries only. Lots are not for sale individually. Listing agent/firm is highly experienced within cary downtown's revitalization over the past 15+yrs, with over 30 sfh new builds and other land development projects. Builder teams welcome!
  1. Listed by Keith M Bliss • LPT Realty, LLC
  2. Listed by Gioia M Bliss • LPT Realty, LLC

Property Details for 503-519 Sorrell Street

Subdivision
Cary Heights

Location

Listing Courtesy of LPT Realty, LLC
Add your commute
LISTING UPDATED: 02/01/2024 02:32 PM

Property Details for 503-519 Sorrell Street

StatusActive
MLS #2510957
Days on Market344
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Vacant
Year Built-
Lot Size2.75 AC
CountyWake County

Location

Listing Courtesy of LPT Realty, LLC
Add your commute

Building Information for 503-519 Sorrell Street

Lot Size2.75 AC

Payment Calculator

$21,830 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,830

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 503-519 Sorrell Street

Summary
Location and General Information
  • Zoning: TC-MDR
  • Directions: FROM DOWNTOWN CARY PARK: NORTH ON ACADEMY STREET TO CHAPEL HILL RD. RIGHT ON CHAPEL HILL RD. LEFT ON SORRELL STREET. FROM I-40: CHAPEL HILL RD (HWY 54) EXIT, WEST TOWARD DOWNTOWN CARY. CROSS NE MAYNARD RD. RIGHT ON SORRELL STREET.
  • Subdivision Name: Cary Heights
  • Latitude: 35.794231
  • Longitude: -78.771568
  • Road Surface Type: Paved
Taxes and HOA Information
  • City Limits YN: Yes
  • FIPS Code: 37183
  • Lot Number: 79-92
  • Restrictive Covenants YN: No
Contract Information
  • Original Listing ID: 2510957
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
School Information
  • Elementary School: Wake - Kingswood
  • Middle Or Junior School: Wake - East Cary
  • High School: Wake - Cary
Property
Lot Information
  • Lot Features: Level, Sloped
  • Lot Size Dimensions: NO SURVEY - APPRO x IMATE
  • Vegetation: Wooded Description: Hardwoods
  • List PriceAcre: 1452011.04
  • Road Frontage Length: 361
Property and Assessments
  • Photos Count: 23
  • Below Grade Finished Area Units: Square Feet
  • Current Use: Vacant
Utilities
  • Sewer: Public Sewer
  • Utilities: Water Available, Other
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Water Available, Other
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Water Available, Other
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 503-519 Sorrell Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 503-519 Sorrell Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Kingswood Elementary
PublicPK to 5

Reedy Creek Middle
Public6 to 8

Cary High
Public9 to 12

Connections Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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503-519 Sorrell Street is a 2.75 ac of land for sale in Cary, NC 27513. This property was listed for sale on May 15, 2023 by LPT Realty, LLC, it's currently listed at $4,000,000. This listing's school district is Wake County School District. Nearby schools include Kingswood Elementary, Reedy Creek Middle and Cary High. 503-519 Sorrell Street is a 0-bed, 0-bath, 2.75 ac of land on a 119,790 sq. ft. / 2.75 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LPT Realty, LLC

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.