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Residential Building Lot

424 Florence Cir, Statesville, NC 28625

For Sale
$44,000

Build-ready residential lot with city water and sewer access considerations, plus attached restrictions.

Property SizeContact for details
Lot Size0.61 Acres
Days on Market195

Property Features for 424 Florence Cir

General Information

Standard status Active
Lot size 0.61 Acres
Property subtype Land

Additional Details

Utilities to Site Yes
Listing Agency: Team Thomas & Associates Realty Inc.
Listed By: Leslie Harrison · License NC #218724
Source: Exprealty
Added: May 4 Changed: Nov 13 Last Checked: Nov 12 at 1:55PM

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 Team Thomas & Associates Realty Inc.

Rey
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Investment Insights

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This residential building lot is located in the Mitchell Aire area of Statesville and is offered as a no-HOA parcel. The property is described as best suited for a crawl space or basement build, and an attached plot plan outlines the proposed layout. Restrictions are also included with the offering.

The remarks indicate that service connections will be needed, including tapping into water and sewer, with a recommendation to connect to the rear city sewer line for gravity-fed sewer. The city lists Statesville water (blue line) and Blue line sewer (green line) as available, along with Iredell Water Corp (pink line) and Energy United Power for utilities, subject to applicable tap fees.

The seller notes that a first-floor area is believed to be 1,750 square feet, with a two-story concept and a ground level of at least 1,100 square feet, per the attached guidance.

Key Highlights

  • 0.61‑acre buildable residential lot in Mitchell Aire (Statesville).
  • No HOA (per attached restrictions).
  • City of Statesville water and Blue line sewer available; will need to be tapped on.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Auto Repair Shop Big Box & Wholesale Store Hair Salon

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 28625, NC

38,396
Population
16,917
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
199.3 sq mi
ZIP Area
193
Density / Sq Mi
$64,657
Median Household Income
$38,123
Median Earnings
$996
Median Rent
$216,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready residential lot with city water and sewer access considerations, plus attached restrictions.
Where is this residential land & home lot located?
The property is located at 424 Florence Cir Statesville, NC.
What is the asking price?
The asking price for this property is $44,000.
What are key features of this property?
This property features: 0.61‑acre buildable residential lot in Mitchell Aire (Statesville).; No HOA (per attached restrictions).; City of Statesville water and Blue line sewer available; will need to be tapped on.
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