Listing courtesy of Navigate Realty

Investors and developers! Own a lot in the heart of the Triangle! This rare opportunity is represented by a spacious 0.692 acres + 1631 sqft home in a mixed-use neighborhood in NW Morrisville/S Durham, just outside of the 540 beltline and a short drive from many corporate campuses. Keep it as a rental and develop it later, or leverage its full potential now. It's up to you. -- The property is surrounded by residential, commercial, townhome, and apartment properties. This is an investment with endless possibilities. Zoned RR (Rural Residential) but WILL BE REZONED to CSD-S1 in early January, 2025 allowing for apartments and offices and more (reference project Page/Miami Design District). --
The existing home is a simple and sturdy block site-built that needs some cosmetic repair. It features 3 bedrooms, 1 bonus room, 1 bath, and a 2-car garage, all on a slab foundation. -- The acreage is mostly cleared surrounded by trees rendering it relatively secluded overall with the backyard nearly private. -- Note: The owner of 4511 also owns 4503. Buy one or buy both. Bring an offer! -- Sold as is.