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$1,300,000
Est. payment /mo
11.6 Acres Lot
UPDATED:
10/22/2024 03:52 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4168688
Year Built 2024
Lot Size 11.600 Acres
Acres 11.6
Property Description
Excellent opportunity to develop high-density housing in the desirable area of China Grove. The RM zoning permits up to 18 units per acre. The property has undergone significant preparation, with tree removal and debris clearance completed on approximately 90% of the site. Public water is located about 400 feet away, while public sewer is approximately half a mile distant and appears to be at a lower elevation, facilitating gravity access. This land is conveniently situated just one mile from I-85 and the new Macy warehouse facility, which spans 1.3 million square feet and is expected to employ around 2,800 individuals. This presents a prime opportunity to construct much-needed housing for those seeking proximity to their workplace and the amenities of Rowan County. Additionally, the property is only 400 feet from Highway 29, and much of the preliminary groundwork has already been accomplished.
Location
State NC
County Rowan
Zoning RM
Interior
Inclusions Land
Exterior
Waterfront Description None
Building
New Construction false
Others
Senior Community false
Special Listing Condition None
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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Jerry Gardner • Allen Tate Lake Norman • jerry.gardner@allentate.com