Investors and developers! Own a HIGH-DENSITY build lot in the heart of the Triangle! This rare opportunity is represented by a spacious 0.692 acres + 1631 sqft home in a mixed-use neighborhood in NW Morrisville/S Durham, just outside of the 540 beltline and a short drive from many corporate campuses. Keep it as a rental and develop it later, or leverage its full potential now. It's up to you. — The property is surrounded by residential, commercial, townhome, and apartment properties. This is an investment with endless possibilities. Zoned RR (Rural Residential) but WILL BE REZONED to CSD-S1 in April, 2025 allowing for apartments and offices and more (reference project Page/Miami Design District). — The existing home is a simple and sturdy block site-built that needs some cosmetic repair. It features 3 bedrooms, 1 bonus room, 1 bath, and a 2-car garage, all on a slab foundation. — The acreage is mostly cleared surrounded by trees rendering it relatively secluded overall with the backyard nearly private. — Note: The owner of 4511 also owns 4503. Buy one or buy both. Bring an offer! — Sold as is. — IMPORTANT: sellers will consider only full-price offers.