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0 Kelly Road
Apex, NC 27502
Asking Price
$25.70M
Asset Type
Commercial Land
Class
Class B
What's Special
0 Kelly Road, Apex, NC 27502 <ul><li>42.9 acres located at the intersection of I-540, Salem Street, and Kelly Road. Positioned to be a prime retail center</li><li>Zoned PUD Non-Residential for up to 445,000 SF</li><li>Proposed road improvements indicate a roundabout connection at Kelly Road and a traffic light at Salem Street</li><li>A portion of the road was constructed with an onsite roundabout, including water and sewer work at the site</li><li>Property is strategically located along at the crossroads of two residen
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NOI
$80,000
Cap Rate
0.31%
DSCR
0.05
Underwater
Cash-on-Cash
-18.75%
Monthly Payment
$127,135.23
Annual Cash Flow
$-1,445,622.76
