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    00 Margie Ln Norwood, NC 28128

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    For Sale
    $249,900

    2.15 acre land with creek flowing into Lake Tillery.

    Property Features for 00 Margie Ln

    General Information

    Standard status
    Active

    Source: CAROLINA LIVING ASSOCIATES LLC Agent JOHANNA MARTIN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Tillery Retreat Opportunity

    This 2.15-acre property, comprising Lots 11, 12, and 13 in the Allen Acres development, presents an opportunity to create a unique Lake Tillery retreat. The land features a creek that flows into the lake, offering a private wildlife habitat. Located in an established neighborhood, the property has development potential and includes prior septic approval, water access, underground power and telephone, and a state-maintained road. A private boat landing was originally planned for the future owner of Lot 11. The property includes access to a deeded footpath leading to deeper water. The buyer may submit a lake access plan per Duke Energy easement regulations. Up to three homes can be built on the property, or the owner can enjoy enhanced privacy with a single home.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Hotel & Motel Garden Center Bed & Breakfast Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.114758
    Latitude
    35.267312

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    FAQs

    What type of property is this?
    Land - 2.15 acre land with creek flowing into Lake Tillery.
    Where is this land located?
    The property is located at 00 Margie Ln Norwood, NC.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - 2.15 acres on Lake Tillery with creek frontage and deeded footpath to deeper water.; - Potential to build up to 3 homes or create a large private retreat.; - Established neighborhood with prior septic approval and water access.
    (704) 941-3640
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    00 Margie Ln Norwood, NC 28128
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Margie Ln Norwood, NC 28128
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