Cushman & Wakefield is pleased to offer this compelling residential development opportunity with approximately 9.35 acres of land available for sale. This site is strategically positioned along Raleigh-Millington Road, which experiences a daily traffic count of 9,949 vehicles. It also benefits from its proximity to major routes such as US Highway 51, with 20,324 vehicles per day, and Interstate 269, which sees 14,048 vehicles daily, ensuring easy accessibility.
Zoned R-2, the property is ideally suited for a large single family home site or residential development, supported by strong local demographics. Within a 1-mile radius, the average household income is $94,052, reflecting a stable and affluent community. As the radius expands to 5 miles, the population grows to over 15,000, with consistent household income levels averaging around $80,000.
Given its location, zoning, and favorable demographic profile, this parcel offers a significant opportunity for residential developers to capitalize on the growing demand for housing in the Millington area.