Land

200 W Morgan

200 W Morgan St, Raleigh, NC, 27601-1562, US

200 W Morgan_Property for Sale

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Asset description

Jones Lang LaSalle, a North Carolina licensed real estate broker, has been retained as the exclusive sales representative for 200 W Morgan, a +/- 0.66 high density opportunity in one of the fastest growing and economically diverse markets in the United States. Prominently situated just one block from the North Carolina State Capitol, the site is a "Walker's Paradise", with easy access to parks, employment, cultural amenities while also maintaining connectivity to Raleigh's surrounding neighborhoods.


200 W Morgan is adjacent to some of the most high profile development coming to the area. The property is across from Tidal’s highly anticipated Downtown Raleigh Kimpton Hotel project slated for completion by 2025. One of the best attributes of this site is the in-place zoning (DX-20), which allow for 20 stories of vertical development by right. In addition, the recent decision of the City of Raleigh to remove parking minimums will further increase density and walk-ability of the downtown area.

Attributes

Land area net
0.66 acres (28,750 sf)

Investment highlights

  • Fully Entitled for 20-Stories
  • No. 1 State for Business (CNBC 2022)
  • Walker’s Paradise -95 Walk Score
  • Located in the Heart of Downtown Raleigh’s Capital District
  • Time Magazines No.1 Most Up & Coming City in America 

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Last updated
Dec 2, 2022