For Sale
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Property summary
The property is a development site comprising approximately 5 acres, situated about 2,600 feet north of Hillsborough Avenue with frontage of approximately 167 feet on Orient Road. The site is currently zoned ASC-1 and is identified as being suitable for evaluation for rezoning to multifamily and/or general commercial use. Development scenarios supported by the surrounding land uses include townhome development, garden-style or mid-rise apartment projects, self-storage, and neighborhood-serving commercial uses. The site is mostly fenced and includes mature trees and a small pond, which may influence site planning and stormwater or landscaping design. Existing improvements include two residential buildings, a storage building, and a four-car garage, and the property is characterized as redevelopment-ready. The parcel referenced as 6211 is included.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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