7808 Stephenson Road

Apex, NC 27539

About this property

Vacant Land -- Approx. 4.12 Acres | Apex ETJ | Prime Corner Visibility Investor opportunity at a high-traffic intersection with frontage serving multiple established neighborhoods. This split-parcel site offers immediate income potential and long-term upside for the patient buyer. Preliminary site plans indicate a yield of 2 residential lots using septic and well -- a low-cost entry point while infrastructure catches up to the site. Municipal sewer and water connections are in proximity; utility easements from adjacent neighbors will unlock full development potential and make this an even stronger play once secured. A natural gas line easement traverses the property and has been accounted for in the existing site plans. The site includes significant wetland areas, which provide natural stormwater management and green space character -- a potential amenity in the right design context with corrective site development. Located within Apex's ETJ (Extra-Territorial Jurisdiction), the property is positioned for future planning discussions, including the possibility of rezoning for increased density as utilities become available -- a compelling angle for developers watching the area grow. Buy, hold, and prepare. Surveys, perc test results, and drafted site plans are available through the listing broker. This is a strategic land bank opportunity with a clear path forward. Contact Listing Broker for full due diligence package.

About this property

Vacant Land -- Approx. 4.12 Acres | Apex ETJ | Prime Corner Visibility Investor opportunity at a high-traffic intersection with frontage serving multiple established neighborhoods. This split-parcel site offers immediate income potential and long-term upside for the patient buyer. Preliminary site plans indicate a yield of 2 residential lots using septic and well -- a low-cost entry point while infrastructure catches up to the site. Municipal sewer and water connections are in proximity; utility easements from adjacent neighbors will unlock full development potential and make this an even stronger play once secured. A natural gas line easement traverses the property and has been accounted for in the existing site plans. The site includes significant wetland areas, which provide natural stormwater management and green space character -- a potential amenity in the right design context with corrective site development. Located within Apex's ETJ (Extra-Territorial Jurisdiction), the property is positioned for future planning discussions, including the possibility of rezoning for increased density as utilities become available -- a compelling angle for developers watching the area grow. Buy, hold, and prepare. Surveys, perc test results, and drafted site plans are available through the listing broker. This is a strategic land bank opportunity with a clear path forward. Contact Listing Broker for full due diligence package.

Features and Additional Information

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$425,000 Active
0 sqft

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Get in touch today! Phone: 1-919-307-9808
Brokerage
Dalton Property Partners LLC
1-984-459-0804
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Area Information

Wake | Wake County | Not in a Subdivision

$ 425,000
This listing is play_arrow 7.6% higher than the average in the area
$ 395,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
126 days on site
This listing is play_arrow 21.7% above the average in the area
104 days on site in the area

Schools in the Area

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    Elementary School
    Wake - Oak Grove Elementary
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    Middle School
    Wake - Lufkin Road Middle
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    High School
    Wake - Apex High

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Listed By Tommy Dalton
Brokerage: Dalton Property Partners LLC

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