Mike Jaquish Cary, NC, Real Estate

Is Veridea a timely venture?

I guess the financiers and the market will determine, if the Town of Apex approves the project.

"Double the tax base," "30,000 jobs," "8,000 homes," multiple millions of square feet of offices, shops, manufacturing. 10-15 year project window.

Immmediate concerns are water supply, and of course green space and environmental considerations.

I think the next leg of 540 is absolutely critical to project completion and success, but may well make it a winner.

___________________________________________________________________________________________

Edited 6/11 to add/insert:

Well, "Correction is good for the soul."

Yesterday, I received an email from Lauren Simmons, Apex Town Planner.

It seems I failed to read the fine print as well as I might.

The maps posted below show the I-540/Salem Street Small Area Plan, as developed by the Town of Apex.

The proposed Veridea is not part of that plan, and does not even abut that plan.

The Veridea assemblage is south of US 1 and west of NC 55, while the I-540/Salem Street Small Area Plan straddles the Old US 1 corridor, a mile or so northwest of Veridea.

This map shows one of the tracts to be incorporated into the proposed Veridea project. Zoom out and click around to discover other holding of HH Development, and you will begin to flesh out the scope of Veridea.

What can I say?

"My bad..."

#1 ranking in Google for search term "Veridea" and in error.

Shucks.

________________________________________________________________________________________________

The Town of Apex website has had a file posted on the small area plan that includes Veridea (WRONG). It includes maps of the area, and the proposed project.

Project conceptualization.

Small area Land Use Plan.

Good studying for anyone who is interested.

You can find almost any sort of lot in Raleigh. Small building lots, townhome lots, whole subdivision phases, up to and including brownfield transition land. Commercial? Sure. It's out there.

Raw land is a fascinating side to real estate. Many buyers and sellers think it is "easier" than home sales. The fact is, in most urban and suburban subdivisions, most planning and zoning issues have been satisfied, and with that work done, the attention turns from the dirt to the "improvement," the home.

Many agents recognize the issues involved in due diligence in land, and decide to let someone else list raw land. Some agents proceed to list, when in reality they should let someone else take the listing.

Survey, water well, septic requirements, easements, flood plains, stream buffer requirements, stormwater control, zoning issues and myriad other topics must be dealt with before a piece of land is ready to be built on. And woe to the agent who helps a buyer procure a cheap lot that turns out to be "Unbuildable" due to incurable issues.

I like working land. It is different. And interesting. Often I end up pulling deeds that take me back 70 and 80 years as I search to learn what I am listing or helping someone consider buying.

Find your Raleigh, NC, land here:

Vacant lots or land up to $100,000.

Vacant lots or land from $100,001 up to $200,000

Vacant lots or land from $200,001 up to $400,000

Vacant lots or land from $400,001 up to $750,000

Vacant lots or land from $750,001 up to $1,250,000

Vacant lots or land $1,250,001 and more

Of course, when you are using my "No-Hassle" MLS search to look for properties in the Triangle MLS, you never have to register to search. Call me if something looks good, and we can talk.

Morrisville is a hot spot of activity, with a great location between Cary, Raleigh, RDU International Airport, and the Research Triangle Park.

Many residents live in Morrisville due to the easy commute to RTP. Sometimes it is a compromise for a two-income household. One person commutes to RTP, and the other may have an easy drive to employment centers in Cary, Raleigh, Durham, or Chapel Hill.

With the extension of the freeway, NC 540 connecting West Cary and North Raleigh as it passes through Morrisville, the small town has become an easy jumping off point for many Triangle attractions.

Residential building lots are mostly controlled by major national builders. There are only a few that come to market now and then.

And commercial assemblages also exist.

Find vacant land in Morrisville, NC.

And remember, always with my "No-Hassle" MLS Search, you can search to your heart's content without being asked to register and give up personal information. When you see something that floats your boat... Give me a call.

In a booming town like Cary, NC, large builders have full-time staff seeking land opportunities. And smaller builders may spend as much time looking for land as they do building homes.

Land is in Demand!

Now just be a great time to snatch yourself a prime building site, or a commercial parcel. A little softness in the real estate market has taken some of the emphasis away from sourcing land, and re-focused efforts on selling what they already have.

There are infill opportunities, luxury golf course lots, and various commercial sites, and some of the values are compelling compared to past pricing in Cary.

Search the MLS for land in Cary, NC:

Land listings in 27511

Land listings in 27513

Land listings in 27518

Land listings in 27519

No registration ever required on my "No-Hassle Search!"

When you want to build that dream home, nothing is more vital than a great building site in a great location.

So, today's mission is to bring out some land listings in Apex, NC.

You will find it all here, from small lots in cookie-cutter subdivisions, to larger parcels in unincorporated areas to desirable tracts and assemblages with huge commercial potential.

Search the Triangle MLS for land and lots in Apex, NC:

Land listings in 27502.

Land listings in 27523.

Land listings in 27539.

No registration ever required on my "No-Hassle Search!"