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Property Description
ACCESSIBLE ±19.81 ACRE ASSEMBLAGE IN RAPIDLY
DEVELOPING APEX COMMUNITY | RALEIGH MSA
Investment Highlights
- Jones Lang LaSalle., a North Carolina licensed real estate
- broker (“JLL”), has been retained as the exclusive sales
- representative for the Chapel Ridge assemblage, a ±19.81 acre
- residential development opportunity at the rapidly developing
- intersection of I-540 and U.S. 64. The site is ideally located
- and less than 15 minutes away from Research Triangle Park
- (50,000+ employees) and 20 minutes away from downtown
- Raleigh (50,000+ employees). The site benefits from numerous
- adjacent community amenities - notably, Beaver Creek
- Shopping Center, which houses several major national retailers
- such as: Super Target, Lowes, TJ Maxx, and DICK’s Sporting
- Goods. Hempstead at Beaver Creek, a recent 193-townhome
- project located adjacent to the site, has sold out with sales
- in the mid $300s. The town has indicated that a multifamily
- use may be considered for this site due to the proximity to the
- Beaver Creek commercial corridor.


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