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2301 & 2310 Tryon Rd Residential Land For Sale Minutes from Downtown Raleigh 2301 & 2310 Tryon Rd Raleigh, NC 27603 2301 2310 TABLE OF CONTENTS 4 The Opportunity 5 Parcel Map 6 Topography Map 7 Area Map 8 Aerials 12 Key Amenities 13 Market Overview 19 Demographic Overview THE OPPORTUNITY KEY HIGHLIGHTS • 10 Acres +/- • R-10 Zoning • Great Site for Residential Development • Great Access to Downtown Raleigh PROPERTY HIGHLIGHTS Price $2,600,000.00 Zoning R-10 Year Built 2310: 1985 2301: N/A Building Size 2310: 1,440-SQFT 2301: N/A Lot Size 2310: 1.04 Acres 2301: 9.52 Acres +/- PARCEL MAP TOPOGRAPHY MAP AREA MAP The Amazon Distribution Center is a newly 18 minutes opened 640,000 square foot facility that has 15.5 miles to created 3,000 new jobs. It is located on the Raleigh-Durham Int’l Airport former ConAgra site on Jones Sausage Road. 6 minutes 3.7 miles to North Carolina State University 13 minutes 5 miles to Downtown Raleigh 13 minutes 8.5 miles to Amazon Distribution Center Price $2,600,000.00 Zoning R-10 Year Built 2310: 1985 2301: N/A Building Size 2310: 1,440-SQFT 2301: N/A Lot Size 2310: 1.04 Acres 2301: 9.52 Acres +/- AERIAL LOOKING NORTH Tryon Rd (27,000 VPD) AERIAL LOOKING EAST Tryon Rd (27,000 VPD) AERIAL LOOKING SOUTH Tryon Rd (27,000 VPD) AERIAL LOOKING WEST Tryon Rd (27,000 VPD) 1 KEY Hillsborough St AMENITIES Chapel Hill Rd 2 1. PNC Arena 2. North Carolina State University 3. North Carolina State Farmers Public Market 4. Dollar Tree 5. Food Lion 6. Checker’s Pizza & Subs 7. Subway 8. Target 9. Home Depot 3 10. Lowe’s 11. Chick-fil-A 21 12. Best Buy 22 13. Marshall’s 8-20 14. JOANN Fabrics 15. Burlington 16. Dollar Tree 17. McDonald’s 18. Panera 19. Carolina Ale House 4-7 20. Hobby Lobby 21. Lake Johnson Park 22. Lonnie Poole Golf Course 23. Walmart 24. Wendy’s 25. Staruck’s 26. Lowe’s 27. AutoZone 28. American Freight 23-28 NC STATE UNIVERSITY OVERVIEW Largest#1 public Startups and100+ spin offs based on Undergraduates24,437 university in North NC State research, attracting a Carolina capital Graduate9,516 and professional students North Carolina State University, commonly known as NCSU or NC State, is a $300 + Million university in the state, it is known for its leadership in education and research, and globally recognized for its science, technology, engineering and university in the nation leading two National Science Doctoral60 Programs Average starting salary for graduates out of all NC Best Value College among North Carolina universities Master’s120 Programs News & World Report Review Undergraduate100 World Report Programs On-campus includes all college owned, operated or NC STATE FARMERS MARKET The NC State Farmers Market is one of the nation’s best and most modern farmers markets. Visitors can enjoy 75 acres of indoor and outdoor specialty shops, restaurants and garden center with fruits, vegetables, meats, dairy products, and gift products from across the state. The market is open seven days a week, year-round, and with over 30,000 square feet to browse, you could spend an entire day exploring! If you've got a big appetite, the State Farmer’s Market Restaurant serves up a Southern, country cooking by the plateful—biscuits and hotcakes and grits and country ham and plenty more! 6 Minutes to NC State Farmers Market! DOWNTOWN RALEIGH Downtown Raleigh has emerged as a vibrant center of activity that continues to welcome historic growth and investment. As an apex of commerce and government, it is also home to a thriving creative culture with artists, musicians, innovative tech companies, award-winning chefs, and cutting-edge makers working to create the Downtown Raleigh experience. It’s where historic neighborhoods, world-class museums, Southern diners, outdoor green spaces, performing arts venues, local shops, breweries and underground cocktail spots all work together to create one incredible cultural hotspot. It’s where you can tour a chocolate factory, play classic arcade games, park your bike outside a bicycle-themed brewery, indulge in a plate of whole-hog, pit-cooked barbecue, pick up a pair of locally hand-crafted denim jeans and visit a contemporary art museum—all within in a 100-step radius. Some of the state’s most visited attractions (North Carolina Museum of Natural Sciences, Marbles Kids Museum and North Carolina Museum of History), plus a host of critically-acclaimed restaurants on a national level (Poole’s Diner, Garland, Raleigh Beer Garden and more) call the center of the city home. Downtown Raleigh has seen a surge of growth in recent years thanks to a slew of artists, entrepreneurs, creative class innovators, restaurateurs, business leaders and other passionate minds that had a vision for downtown that would make it a special place to visit—a place where people from all walks of life, backgrounds and futures would come together to share enriching experiences. That’s why you’ll find murals on the sides of buildings and posters at business entrances that read, “Are All Welcome Raleigh, N.C.” and “Welcome to Raleigh, Y’all.” It’s all easily accessible, too—downtown streets are easy to navigate by walking, cycling (a bikeshare program is headed to Raleigh in early 2018), catching a short taxi ride, using the free R-LINE circulator bus or even hopping on the back of a pedal-powered rickshaw. 13 Minutes to Downtown Raleigh! RALEIGH NC Raleigh is the capital of the state of North Carolina and the seat of Wake County in the United States. Raleigh is the second-largest city in the state, after Charlotte. Raleigh is known as the "City of Oaks" for its many oak trees, which line the streets in the heart of the city. The city covers a land area of 142.8 square miles. The U.S. Census Bureau estimated the city's population as 479,332 as of July 1, 2018. It is one of the fastest-growing cities in the country. Raleigh is home to North Carolina State University (NC State) and is part of Research Triangle Park (RTP), together with Durham (home of Duke University and North Caroli na Central University) and Chapel Hill (home of the University of North Carolina at Chapel Hill). The "Triangle" nickname originated after the 1959 creation of the Research Triangle Park, located in Durham and Wake counties, among the three cities and their universities. The Research Triangle region encompasses the U.S. Census Bureau's Raleigh-Durham-Chapel Hill Combined Statistical Area. Most of Raleigh is located within Wake County, with a very small portion extending into Durham County. The towns of Cary, Morrisville, Garner, Clayton, Wake Forest, Apex, Holly Springs, Fuquay-Varina, Knightdale, Wendell, Zebulon, and Rolesville are some of Raleigh's primary nearby suburbs and satellite towns. RALEIGH-CARY and WAKE COUNTY ACCOLADES 2019/2020 Top 10 Most Recession-Resistant Cities - Smartasset 2020 One of the best state capitals to call home - Wallet Hub 2020 10 Best Cities in the U.S. to Move to Right Now - Curbed 2020 Second on Numbeo’s Quality of Life Index for 2020 - Numbeo 2020 One of The Best Places to Raise a Family on a Budget - The Motley Fool 2020 Top 10 Metros for Millennials Who Want to Relocate - Commercial Cafe 2020 Third Best City for Millennials to Relocate - INDYWeek, January 2020 Top 10 Best Cities to Work from Home - smartasset 2020 ‘Most livable’ up-and-coming markets for tech jobs - Zillow, January 2020 15th Most Pet-Friendly Cities - WalletHub 2020 2019 Best City to Drive In - wallethub.com, September 2019 2019's 11th Best Big Cities to Live In - wallethub.com, July 2019 2nd in 2019 Top 100 Best Places to Live - livability.com, May 2019 3rd Best in Quality of Life in the World - NUMBEO, March 2019 2nd in Most Family-Friendly Cities poll - Homes.com, February 2019 RALEIGH ACCOLADES #6 #1 #2 #3 Best city Hottest Healthiest Boomtown to start a Spot for job 2016 career Tech Jobs market #3 #3 #2 Area #2 #46 Best Top US with the Best city for Best places for Life highest # young performing business & science of tech entrepreneurs large city career cluster jobs #3 Top 12 #4 Travel #4 Best midsize Top Tech destinations Best place metro for StartUp in the to live world job City seekers RALEIGH ACCOLADES Hottest#2 Spot for Best#2 Place for Highest#2 Number Best City#3 for Job Highest#4 % of City with#4 Fastest Tech Jobs Business of Tech Jobs Seekers in 2017 Workforce in STEM Growing Income FORBES FORBES NEW YORK TIMES INDEED WALLETHUB SMARTASSET Downtown Raleigh is in the midst of historic growth. Since 2005, downtown has seen over $3 billion in development completed and under construction, which has added new residences, convention space, offices, retail, entertainment venues, hotels, and restaurants. - Downtown Raleigh Alliance, State of Downtown Raleigh 2018 COMPARED TO THE U.S. WORKFORCE AS A WHOLE: Higher96% share of Higher40% share of Higher156% share of computer and architecture & Higher105% share of software & app mathematical engineering civil engineers occupations occupations developers DEMOGRAPHIC OVERVIEW 2020 Summary 1 Mile 3 Miles 5 Miles Population 9,368 63,367 190,747 Households 3,709 23,367 74,088 Families 1,370 9,393 35,445 Average Household Size 2.49 2.39 2.32 Owner Occupied Housing Units 1,573 7,919 30,863 Renter Occupied Housing Units 2,136 15,447 43,225 Median Age 24.5 26.1 30.4 Median Household Income $54,816 $46,939 $56,393 Average Household Income $70,512 $68,512 $84,919 1 miles 2025 Summary 1 Mile 3 Mile 5 Mile Population 10,306 69,030 207,994 Households 4,070 25,681 81,675 Families 1,494 10,228 38,491 3 miles Average Household Size 2.50 2.40 2.32 Owner Occupied Housing Units 1,695 8,539 33,092 Renter Occupied Housing Units 2,375 17,142 48,5835 miles Median Age 24.6 26.4 30.7 Median Household Income $56,345 $50,090 $59,820 Average Household Income $72,591 $72,789 $91,228 DEMOGRAPHIC OVERVIEW CONTACT CONFIDENTIALITY DISCLAIMER Bryson Tart The information contained in this Offering Memorandum is proprietary and strictly confidential.
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