3607-3609 Summit AvenueGreensboro, NC 27405
- Unimproved
- $1,700,000
- 20.83 Acres
Prime Development Opportunity: 20.83 Acres Approved for 185 Townhomes in Greensboro, NC Dear Prospective Buyer, We are pleased to present an exceptional investment opportunity at 3607 and 3609 Summit Avenue, Greensboro, NC 27405. This expansive property encompasses approximately 20.83 acres across two separate parcels and has recently received zoning approval for the development of 185 townhomes, making it an ideal venture for developers and investors. Key Features: Size & Composition: The combined acreage offers ample space for a substantial residential community, with zoning approval already secured for 185 townhome units. Strategic Location: Situated on Summit Avenue, the property provides convenient access to major thoroughfares, ensuring ease of commute to downtown Greensboro and surrounding areas. Development Potential: With zoning approval in place, the groundwork has been laid for a lucrative residential project, streamlining the development process and reducing initial hurdles. Market Appeal: The Greensboro area continues to experience growth, with a demand for quality housing options. This development is poised to attract a diverse range of potential homeowners and tenants. Financial Details: Asking Price: $1,700,000 MLS Number: 10068113 This property represents a rare opportunity to capitalize on a pre-approved residential development in a thriving market. We invite you to explore the potential of 3607 and 3609 Summit Avenue and envision the possibilities it holds. For more information or to schedule a site visit, please contact us at your earliest convenience. Sincerely, Felix A. Lee, Broker, (919) 730-4483, email Felix.Lee@BHHSYSU.com, Berkshire Hathaway Home Services York Simpson Underwood Realty Data last updated: December 28, 2024. REZONING LETTER: September 30, 2024 Marc Isaacson for Marcus Bullock on behalf of Kevin D. Peters and 3609 Summit Ave LLC Attn: Marc Isaacson 804 Green Valley Road, Suite 200 Greensboro, NC 27408 Dear Mr. Isaacson: This letter is to acknowledge that at their September 16, 2024 meeting, the Greensboro Planning and Zoning Commission approved the rezoning request for the properties identified as 3607 and 3609 Summit Avenue, generally described as west of Summit Avenue and north of Cherry Lane from R-5 (Residential Single-family - 5) and CD-RM-8 (Conditional District - Residential Multi-family - 8) to CD-RM-12 (Conditional District - Residential Multi-family - 12) with the following conditions: 1. Permitted uses shall be limited to: Single-family Dwellings; Duplexes; Traditional Houses; Townhouses and Twin Homes. 2. Development shall be limited to 185 dwelling units. Please note that this approved zoning change only addresses allowed uses for these properties. Site plans (including subdivisions of land), building permits, grading permits, sign permits, utility plans and/or tree removals require separate reviews and approvals from the City before any work can begin. If you have any questions, please contact me. Sincerely, Mike Kirkman, AICP, CZO Zoning Administrator City of Greensboro
- Last Checked
- 1 minute ago
- Last Updated
- Feb 28, 2025
- Days on Website
- 87
Property Details for 3607-3609 Summit Avenue
3607-3609 Summit Avenue is a 20.83 acre lot for sale in Greensboro, NC 27405.
Exterior
- Fencing:
- None
- Pool:
- No
- View:
- CityYesNeighborhood
Building
- Type:
- Land, Unimproved
- Finished Area Above Grade:
- 0 Square Feet
- Finished Area Below Grade:
- 0 Square Feet
Includes
- Additional Structures:
- Residence
Community
- Subdivision:
- To Be Added
- County:
- Guilford
- Waterfront:
- No
Homeowners Association
- HOA Fees Include:
- None
Status
- MLS ID:
- 10068113
- Status:
- Active
- Published Date:
- Friday, December 20, 2024 (87 Days Ago)
- Modified Date:
- Friday, February 28, 2025 (16 Days Ago)
Terms
- Pet Policy:
- Negotiable
- Special Conditions:
- Seller Not Owner of Record, Standard
Utility
- Water:
- Public
- Sewer:
- Public Sewer
- Services:
- Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Lot
- Features:
- City Lot, Flood Plains, Gentle Sloping, Many Trees, Near Public Transit, Rectangular Lot, Wooded
- Acres:
- 20.83
- Total SQFT:
- 907,354
- Dimensions:
- 365 x 1907 x 893 x 1438
- Parcel Number:
- 0045301 & 0045302
- Road Frontage:
- City Street, 2 Lane Road, Public Road
- Road Surface:
- Concrete
- Type:
- Multi-family, Residential, Subdevelopment, Subdivision
- Zoning:
- CD-RM-12
Taxes
- Annual Taxes:
- $2,957
Schools
- Elementary School:
- Guilford County Schools
- Middle School:
- Guilford County Schools
- High School:
- Guilford County Schools
Address
- Street Number:
- 3607-3609
- Street Name:
- Summit
- City:
- Greensboro
- State:
- NC
- Zip:
- 27405
- Directions:
- From east of Greensboro NC take I-785 to exit 14B-A onto Bypass US-29 toward Danville and Greensboro. Keep right onto Bypaass US-29 North toward Danville. Take exit 136 onto Hicone Road and turn right onto Hicone Road, then take a slight left turn onto Summit Avenue and the parcel is approximately 2.1 miles on your right.
- Coordinates:
- -79.765539, 36.129095
Pricing
- Type:
- Sale
- List Price:
- $1,700,000
Please contact Felix Lee at Berkshire Hathaway HomeService direct by phone at 919-471-8134. You may also reach Berkshire Hathaway HomeService by phone at 919-383-4663.
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Listing Provider for 3607-3609 Summit Avenue
Offered by Red Door Company. Information Not Guaranteed. © Triangle MLS Inc. All rights reserved. Listings marked with a TMLSidx icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
- Agent:
- Felix Lee
- Agent Phone Number:
- 919-471-8134
- Office:
- Berkshire Hathaway HomeService
- Office Phone Number:
- 919-383-4663
- MLS ID:
- 10068113
- Data Source:
- Triangle MLS
- Last Checked:
- 1 minute ago
- Last Updated:
- February 28, 2025 2:16 AM UTC
- Days on Site:
- 87
