7808 Stephenson Rd, Apex, NC 27539

Description

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.