NC > Greensboro > To Be Added
Greensboro, NC 27405,3607-3609 Summit Avenue
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Courtney Heyward

Courtney Heyward

+1(919) 208-1898
Listed by Berkshire Hathaway HomeService
$ 1,700,000
Est. payment /mo
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Active

3607-3609 Summit Avenue Greensboro, NC 27405

20.83 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision To Be Added

MLS Listing ID 10068113

HOA Y/N No

Originating Board Triangle MLS

Annual Tax Amount $2,957

Lot Size 20.830 Acres

Acres 20.83

Property Sub-Type Unimproved Land

Property Description

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

Location

State NC

County Guilford

Zoning CD-RM-12

Direction 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.

Rooms

Other Rooms Residence

Exterior

Fence None

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

View Y/N Yes

View City, Neighborhood

Present Use Residential,Vacant

Street Surface Concrete

Private Pool No

Building

Lot Description City Lot, Flood Plains, Gentle Sloping, Many Trees, Near Public Transit, Rectangular Lot, Wooded

Faces 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.

Sewer Public Sewer

Water Public

Schools

Elementary Schools Guilford County Schools

Middle Schools Guilford County Schools

High Schools Guilford County Schools

Others

HOA Fee Include None

Senior Community false

Tax ID 0045301 & 0045302

Special Listing Condition Seller Not Owner of Record, Standard

Doorify MLS / Triangle MLS
agent
Courtney Heyward

Owner | Operations | REALTOR® | C 291851

+1(919) 208-1898 | courtney@heywardrealty.com

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3607-3609 Summit Avenue

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