Scanned ~45 active land listings across nine priority Triangle submarkets: Wake Forest, Apex, Holly Springs, Fuquay-Varina, Cary/Morrisville, Raleigh infill, Durham, Chapel Hill, and Pittsboro/Chatham Park. No client-requested analyses this run. Top pick: 7324 Cass Holt Rd, Holly Springs — 31.67 acres listed 56% below the $1.69M county assessment at $750,000, with an active NR-CD rezoning petition and an approved 106-unit development on the same road (Cass Holt Crossing, 24-MAS-01). Cary remains the highest-comp new construction market in the Triangle ($383–$477/SF sold 2024–2026), supporting a 15-lot infill deal at 8400 Henderson Rd. Disney's Asteria (Storyliving by Disney) broke ground in June 2025 at Chatham Park — 4,000+ homes with sales beginning 2027 — putting the 1350 Hillsboro St Pittsboro parcel (confirmed public sewer) on the long-term watch list.
| # | Property · Strategy & project cost | List | Net | Margin | Max Offer | Grade |
|---|---|---|---|---|---|---|
| 1 | 7324 Cass Holt Rd, Holly Springs, NC · Entitlement — rezone RR → NR-CD, secure Holly Springs sewer service, sell 70 entitled lots $500K–$1M project | $750,000 | +$1,707,300 | 61% | $1,803,000 | GREAT |
| 2 | 8400 Henderson Rd, Apex, NC (Town of Cary jurisdiction) · Build-invest — 15-lot infill subdivision, Cary premium new construction market $10M–$15M project | $2,000,000 | +$3,307,023 | 22% | $2,448,000 | GOOD |
| 3 | 1350 Hillsboro St, Pittsboro, NC · Develop — plat 60 lots with confirmed public sewer, sell finished lots; Disney Asteria catalyst 2027+ $5M–$10M project | $3,000,000 | +$2,861,400 | 22% | $3,498,000 | MARGINAL |
Project cost is the whole job — land, carry, build and financing, everything except selling. Click any property for its full deep-dive. Figures are model outputs on best-effort public listing data — re-verify each listing is active and clear the go/no-go gates before acting.
Holly Springs new construction (2025–2026): 737–761 W. Holly Springs Rd $242–$258/SF (Homes by Dickerson). 124 Breyla Way $899,900 / 3,145 SF = $286/SF. Cary new construction: 2024 sold comp $387/SF; 2025 custom home $477/SF; 2026 downtown Cary condo $383/SF. SE Raleigh near Chavis Park: 541/543 Bragg St (2026 new townhomes) $535,000 / 1,615 SF = $331/SF. Chatham Park / Pittsboro: Homes by Dickerson 2025–2026 at $242–$246/SF; David Weekley Encore $369/SF. Cary median sale price 2025: $493,000 average / $478,000 median. All figures are active listings or recorded MLS sales — no invented data.
Two themes dominate this scan. (1) Entitlement upside in the Holly Springs NR-CD corridor: 7324 Cass Holt Rd sits adjacent to an approved 106-unit development, carries a 2022 NR-CD rezoning petition, and is priced 56% below tax assessment — the MAO for a 70-lot entitlement exit is $1.8M vs. a $750k ask, a $1.05M cushion. (2) Cary premium infill: 2024 Cary new construction comps at $387/SF support a 22% investor return on the 8400 Henderson Rd 15-lot parcel at $2M — contingent on securing sewer utility easements. Recommended first step: drive Cass Holt Rd, confirm Holly Springs sewer service boundary, and call Town of Holly Springs Development Services (919-557-3908) re: petition 22-REZ-15 status. On Henderson Rd, engage a civil engineer to scope the sewer easement path before going hard in due diligence.