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Property Description
±46 gross acre residential development opportunity in the fast-growing, highly sought-after Brier Creek area of the Triangle region
Investment Highlights
Jones Lang LaSalle, a North Carolina licensed real estate broker (“JLL”), has been retained as the exclusive sales representative for Olive Branch Estates (the “Property”), a ±46 gross acre residential development opportunity in the fast-growing, highly sought-after Brier Creek area of the Triangle region. The Property is a unique offering with access along Olive Branch Road – and only a 20-minute drive to both the thriving Downtown Raleigh and unique Downtown Durham. The immediate area has experienced significant single-family growth in the past several years, with successful communities such as Andrews Chapel ($320,000 - $450,000+), active adult Fendol Farms ($368,000 - $434,000+) and Carolina Arbors by Del Webb ($260,000 - $500,000+) achieving strong pricing and robust absorption.
