Speculators Dream

Property Description

Speculators Dream, The Casino has broke Ground. One company has an offer in provided DOT Does not take any of the land. Three others are interested in part, If DOT does not take it all. Can you believe DOT is thinking of replacing this 1 year old Freeway? Anyone interested in a short-term lease? Food Truck / Billboard? Actions are underway to encourage DOT to decide. If they go North, you still have a chance. If they go South, current client is going to close. This tract(s) in the center of the RDU metro area to highest & best use. The sellers bought the property some years ago to resell after holding. holding until the area around it filled in. It is almost there now with construction in all directions. This is a great spot for multifamily to service anywhere from Wake Forrest north of Durham to Research Triangle Park and beyond. This property is under contract contingent upon DOT not needing any of it for the Miami Blvd access improvement.

DOT WAS supposed to decide if they need any of this land BY Feb...Developers want to get a head start on DD. Flat land for you When, they do actually Decide, Someone is going is going to have a real opportunity. Exercise your vision. Some of the very little buildable land available in the metro area. This spot is from five to 20 minutes from everything in the RDU metro. If you are in the area, Drive all around this property at 909 S Miami Blvd. Vehicular access is from Lynn Road. Take Pleasant Drive from Miami Blvd to Lynn Road. You can get a much clearer GIS Aerial by going to the Durham County, NC GIS site. Enter parcel 158469 and click 2020 aerials, on the right. If DOT takes any part of the land, the present buyer is out & remainder of the tract is for sale at then current price.