Moncure Pittsboro Road, Pittsboro, NC

PROPERTY AVAILABLE FOR SALE
Moncure Pittsboro Road, Pittsboro, North Carolina
FOR SALE:
Site: Three tracts totaling approximately 195.89 acres
Parcel 1: 3.2 +/- acres
Parcel 2: 82.33 +/- acres
Parcel 3: 110.36 +/- acres
Price: PRICE REDUCED! $2,350,000.00 for all three properties
Subdivision: Each property may be sold separately. Call broker for tract pricing
Frontage: 4,900+/- feet of frontage on Moncure Pittsboro Road
Topography: Rolling/Flat
Condition: Raw, undeveloped land
Access: Moncure Pittsboro Road
Best Use: Mixed use/residential and commercial
Timber: Timbering is currently underway
LOCATION
FOR MORE INFORMATION CONTACT:
JOHN P. LA ROCCA, SIOR, ALC, MICP
PRESIDENT
919.896.6497 (Direct)
919.696.4340 (Cell)
[email protected]
309 WEST MILLBROOK ROAD, SUITE 191
RALEIGH, NORTH CAROLINA 27609
Mailing address:
POST OFFICE BOX 99565
RALEIGH, NORTH CAROLINA 27624
www.phoenixcommercialnc.com
Moncure Pittsboro Road, Pittsboro, North Carolina
ADDITIONAL PROPERTY DETAILS:
Located on the east side of Moncure Pittsboro Road, one mile southeast of the Town of Pittsboro.
The properties are unzoned at the present. The highest and best uses include commercial, single family residential,
multifamily development, retail and some industrial. The properties are Immediately adjacent to the Pittsboro City limits.
Some floodplain areas border the northwest portion of the property line.
Adjacent to the proposed Chatham Park which is planned to include 22,000 homes and a string of downtown centers.
Over 4,900 feet of frontage on Moncure Pittsboro Road with the potential for several points of ingress and egress.
Excellent opportunity for land banking or for long term land investments.
Owners may consider several different types of transaction models such as installment sales and owner financing (subject
to financial review). Purchase options may also be considered.
The property or specific tracts may be subdivided based on a review of the proposed site-plan provided by the Buyer.
The property has reasonable topography. Some utility easements exist on the eastern half of the property.
◆ RALEIGH,
◆ 919.896.6497
308-E
WEST
MILLBROOK
ROAD
NORTH
CAROLINA
27609
309
WEST
MILLBROOK
ROAD
SUITE
191 RALEIGH,
NORTH
CAROLINA
27609
919.896.6497◆ WWW.PHOENIXCOMMERCIALNC.COM
WWW.PHOENIXCOMMERCIALNC.COM
◆ RALEIGH,
NORTH
CAROLINA
MAILINGADDRESS:
ADDRESS:
POST
OFFICE
BOX
99565RALEIGH,
MAILING
POST
OFFICE
BOX
99565
NORTH
CAROLINA
27624 27624
Moncure Pittsboro Road, Pittsboro, North Carolina
PROPOSED CHATHAM PARK AREA
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Chatham Park Planned Development District Master Plan
Land Use Plan
Residential - East
Research and Development
Residential
Mixed Use
Residential - Parkway
Park / Institutional
Proposed Roadway within Property Boundary
Residential - Mixed Use
Activity Center Overlay
Pittsboro CTP Network Connections
FOR ILLUSTRATIVE PURPOSES ONLY
AND SUBJECT TO ADJUSTMENT PENDING
FINAL DEVELOPMENT PLANS
April 26, 2013
0
750
1,500
3,000
Feet
[
◆ RALEIGH,
◆ 919.896.6497
308-E
WEST
MILLBROOK
ROAD
NORTH
CAROLINA
27609
309
WEST
MILLBROOK
ROAD
SUITE
191 RALEIGH,
NORTH
CAROLINA
27609
919.896.6497◆ WWW.PHOENIXCOMMERCIALNC.COM
WWW.PHOENIXCOMMERCIALNC.COM
◆ RALEIGH,
NORTH
CAROLINA
MAILINGADDRESS:
ADDRESS:
POST
OFFICE
BOX
99565RALEIGH,
MAILING
POST
OFFICE
BOX
99565
NORTH
CAROLINA
27624 27624