Discover a unique opportunity to shape the future of downtown Cary with this rare urban infill development! Strategically positioned just steps away from the vibrant heart of downtown Cary and its stunning new park, this prime location offers easy access to major thoroughfares, including I-40, NC-54, Maynard Loop, and Harrison Ave, as well as RDU Airport. Zoned within the Medium Density Town Center Subdistrict, this listing encompasses parcels 503, 505, 507, 511, 517, and 519 Sorrell, totaling an impressive 2.17 acres. For those seeking even more potential, two additional neighboring parcels are available, bringing the total assemblage to 3.07 acres. With the possibility of developing approximately 22 single-family homes, 26+ townhomes, or a 60+ unit condominium building, this is your chance to make a significant impact in one of the most sought-after areas in the country. Don't miss out on this exceptional opportunity to leave your mark in downtown Cary! For more details on the additional parcels, please refer to MLS Listing #10049160 509 Sorrell St & #10049154 521 Sorrell St.
Property Details
Property Features
Listing Office:
Office Name: The Douglas Realty Group
Office Phone: (919) 377-8423
Listing Agent: Leslie Douglas, Chris Evans
Lot Features
Lot Information:
Lot: Trees
Lot Size: 2.17 Acres
Other
Directions Information:
Directions: From I-40, take exit 290 onto NC-54/Chapel Hill Rd & into Downtown Cary. Take the 1st right onto Sorrell St & the lots will be on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $3,100,000
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Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Kingswood Magnet Elementary School
200 E Johnson St
Distance between this listing and this school0.25 miles
Public Magnet Grades PK-5
8
/10
Cary Elementary School
400 Kildaire Farm Rd
Distance between this listing and this school0.89 miles
Public District Grades PK-5
4
/10
Northwoods Elementary School
8850 Chapel Hill Rd
Distance between this listing and this school0.91 miles
Public District Grades PK-5
Nearby Schools
4
/10
Cardinal Charter Academy
1020 Saint Charles Pl
Distance between this listing and this school0.70 miles
Public Charter Grades KG-8
4
/10
East Cary Magnet Middle School
1111 SE Maynard Rd
Distance between this listing and this school1.07 miles
Public District Grades 6-8
7
/10
West Cary Middle School
1000 Evans Rd
Distance between this listing and this school1.32 miles
Public District Grades 6-8
Nearby Schools
7
/10
Cary High School
638 Walnut St
Distance between this listing and this school1.49 miles
Public District Grades 9-12
2
/10
Score Academy
5651 Dillard Dr
Distance between this listing and this school3.32 miles
Public District Grades 9-12
8
/10
Crossroads Flex
5651 Dillard Dr
Distance between this listing and this school3.32 miles
The neighbors living near this home have an average income of $63,431. Residents of Cary, NC typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Cary, NC
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Cary, NC?
Cary's housing market is diverse, offering a range of options from spacious single-family homes to modern apartments and cozy townhouses. The architectural styles vary, with a prevalence of contemporary and colonial homes. A significant portion of the housing development occurred in the late 20th century, reflecting the town's growth during that period. The homeownership rate in Cary is high, with a substantial majority of residents owning their homes.
Is Cary, NC a good place to live?
Cary is celebrated for its family-friendly atmosphere and well-maintained community spaces. The town prides itself on a blend of urban and suburban elements, providing a quiet, yet vibrant lifestyle for its residents. Annual events and festivals highlight the community's engagement and cultural diversity, contributing to Cary's unique character.
Are things conveniently located in Cary, NC?
The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare facilities in Cary are comprehensive, offering a variety of services to meet the medical needs of its residents. The town also features a network of public libraries and a vibrant array of retail and dining options that reflect the local culture. City initiatives are in place to continually improve these services in line with demographic trends.
What does the transportation in Cary, NC look like?
Cary's transportation infrastructure supports both private and public transit options, with a focus on convenience and accessibility. The town is known for its walkable downtown area and has made efforts to enhance bikeability throughout the community. A network of major roads and highways facilitates easy commuting to nearby cities, and public transportation is available, with schedules designed to accommodate the majority of residents. Ride-sharing services are also an option for those seeking alternative transportation methods.
Frequently Asked Questions About 503-519 Sorrell St
What is the listing price of this property?
The listing price of 503-519 Sorrell St property is $3,100,000.
What type of property is this?
The property 503-519 Sorrell St is land located in Cary, North Carolina, 27513.
Is this property for sale now?
Active Listing: 503-519 Sorrell St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 503-519 Sorrell St in Cary, NC and zip code 27513. This home sits on a 2.17 acre lot. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $3,100,000.
Over 39 listings were sold over their listed price in October 2024 in Cary, NC. In the same period over 65 listings were sold below the listed price and 17 listings were sold for the listed price. The number of homes for sale in Cary, NC increased by 11.5% between September 2024 and October 2024. In October 2024 median list price was $611,144 and the average listing age was 31 days.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
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