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$1,100,000
New Listing

1123 Church Street
Morrisville, NC 27560

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
Subdivision:
Not in a Subdivision
County:
Wake
Call Now: 919-844-1152
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919-844-1152
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Discover an exceptional investment in the heart of Morrisville's thriving residential market! This 1.22-acre (53,143 sq ft) parcel at 1123 Church Street offers level terrain, paved road frontage along Church Street, and readily available utilities including water, sewer, and electricity. Zoned Low Density Residential (LDR), the property supports up to 5 dwelling units based on a maximum density of 4.5 units per acre, making it ideal for single-family homes, multi-family buildings, or a mix of both. Strategically located in a prime suburban area near the Research Triangle Park (RTP), this site benefits from surging demand for quality housing in Morrisville and surrounding communities. The local market is strong and stable, with single-family homes selling in the neighboring Providence Place selling between $650k-$850k (typically 2,300-4,300 sq ft, $256/sq ft). Development potential is outstanding: Subdivide into five lots for single-family detached homes (each ~10,500-11,000 sq ft with 60-70 ft frontage) or three 4-unit multi-family units. For even greater upside, consider rezoning to Medium Density Residential (MDR), which could increase density to 7.5 units per acre (up to 9 units total) and allow single-family attached dwellings like townhomes. Surrounding properties are already zoned MDR, supporting this rezoning process. Other potential uses are a conditional rezone for a senior living facility or day care. Inquire with Morrisville planning department for more information on rezoning process and potential uses.

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Listing Snapshot
Price 
$1,100,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.22 Acres
Year Built 
N/A
MLS® Number 
10143132
Status 
Active
Property Tax 
$2,740
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
19 hours agoListing updated with changes from the MLS®
20 hours agoListing first seen on site
General Features
Acres 
1.22
Additional Property Use 
See Remarks
Property Sub Type 
Unimproved Land
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Electricity AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
LDR
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Exterior Features
Lot Features 
Cleared
Community Features
Financing Terms Available 
Cash
Roads 
Gravel
Schools
School District
Unknown
Elementary School
Wake - Parkside
Middle School
Wake - Alston Ridge
High School
Wake - Panther Creek
Listing courtesy of Johnathan Jackson of SCOUTADVISORS.COM LLC



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-01-27 03:15 PM UTC

Neighborhood & Commute
Source: Walkscore
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