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Multi-Family Development Land with Utilities
For Sale
$1,400,000

1620 Goley Hewett Road Southeast, Bolivia, NC 28422

5.11 acres are approved for up to 70 multi-family units with water and sewer infrastructure extended to building pads.

Property Size222,592 SF
Lot Size5.11 Acres
Price / SF$6.29
Days on Market189

Property Features for 1620 Goley Hewett Road Southeast

General Information

Standard status Active
Size 222,592 SF
Lot size 5.11 Acres
Property subtype Land / 5+ Multi-Family
Zoning R75

Additional Details

Utilities to Site Yes
Multifamily Units 70

Amenities

MLS
0.0
Listing Agency: Tranzon Key
Listed By: Bill G Londrey · License #215347
Source: Compass
Added: Feb 1 Changed: Aug 8 Last Checked: Mar 25 at 2:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tranzon Key

Investment Insights

Based on property information with market context.

This offering includes land approved for multi-family development, totaling 5.11 acres and approved for up to 70 multi-family units. The property is located in Section R of the Winding River Plantation Planned Unit Development and consists of Phases 5 through 11 and 15, spread across eight tax parcels.

Infrastructure is already in place for development, including water mains, fire hydrants, and service lines, as well as gravity sewer manholes and main lines. Service lateral lines have been extended to all building pads. Community amenities within Winding River Plantation include golf, a pool, tennis, and a beach club.

The property is being sold via online auction on March 4. The listed amount represents a suggested opening bid, with the final price determined at auction.

Key Highlights

  • 5.11 acres approved for up to 70 multi‑family units
  • Water mains, fire hydrants, and service lines in place with gravity sewer manholes and main lines
  • Service lateral lines extended to all building pads

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Electrical Service Restaurant Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

70
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 28422, NC

8,249
Population
4,385
Households
1.9
Avg Household Size
53
Median Age
28%
College-Educated
89%
High-School Grad
132.7 sq mi
ZIP Area
62
Density / Sq Mi
$67,883
Median Household Income
$32,971
Median Earnings
$1,460
Median Rent
$295,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 5.11 acres are approved for up to 70 multi-family units with water and sewer infrastructure extended to building pads.
Where is this residential land & home lot located?
The property is located at 1620 Goley Hewett Road Southeast Bolivia, NC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 5.11 acres approved for up to 70 multi‑family units; Water mains, fire hydrants, and service lines in place with gravity sewer manholes and main lines; Service lateral lines extended to all building pads
More about this property
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