Planned Residential Development
For Sale
$1,350,000
515 Walker Avenue, Norlina, NC 27563
Land, Norlina, NC
Property SizeContact for details
Lot Size71.81 Acres
Days on Market176
Property Features for 515 Walker Avenue
General Information
Property type
Land
Property subtype
Other
Zoning
A-R
Subdivision
Not in a Subdivision
Elementary school
Warren - Northside Elementary School
Middle school
Warren - Warren County Middle School
High school
Warren - Warren New Tech
Standard status
Active
APN
D4 19
Lot size
71.81 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
DB 811, PG 1116
Tax Annual Amount
2893
Legal Description
DB 811, PG 1116
Listing Agency:
Ninja Realty
(252) 226-0992
Listed By:
James Hutson · License #259143
(252) 915-2311
Added: Feb 25
Changed: Aug 19
Last Checked: Aug 20 at 4:06AM
MLS# 10148641
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
An approximately 71.81-acre development tract offered as a planned unit development (PUD) opportunity with concept plans approved by local authorities. The framework contemplates phased delivery of a mixed-product residential community, including duplexes, detached single-family homes, townhomes, quad-flex units, and multifamily buildings. The concept also includes an income-producing self-storage component and a range of community amenities and open space features, such as pocket parks, walking and running trails, sidewalks, and an internal roundabout for circulation. Site features envisioned in the approved concept include a pond with picnic shelter and an open-air non-denominational chapel, along with community buildings such as a community center and cafe, and a workplace/shop building.
The property has two primary access points from Walker Avenue and includes existing farm roads and open fields. City water and sewer are available to service the development, and per GIS, none of the property lies within a flood zone. The site is located in the ETJ, and public water and sewer may need to be extended to the property at the developer’s expense; buyers should confirm details with the Town. Note that lot lines shown on pictures are estimates based on public data, not surveyed lines.
The property has two primary access points from Walker Avenue and includes existing farm roads and open fields. City water and sewer are available to service the development, and per GIS, none of the property lies within a flood zone. The site is located in the ETJ, and public water and sewer may need to be extended to the property at the developer’s expense; buyers should confirm details with the Town. Note that lot lines shown on pictures are estimates based on public data, not surveyed lines.
Key Highlights
- Approved PUD concept for a large‑scale, mixed‑product residential community with phased development.
- Direct connectivity to planned Town of Norlina amenities: municipal pool, ball field, pickleball courts, and playground.
- Diverse housing options in Phase One: duplexes, single‑family homes, townhomes, quad‑flex units, and multifamily buildings.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
Explore this area
Business Placement
Demographics for 27563, NC
4,970
Population
2,489
Households
2
Avg Household Size
44
Median Age
13%
College-Educated
85%
High-School Grad
71.4 sq mi
ZIP Area
70
Density / Sq Mi
$39,732
Median Household Income
$31,727
Median Earnings
$703
Median Rent
$87,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approximately 71.81 acres in an A-R zone with an approved PUD concept for phased mixed residential development.
Where is this residential land & home lot located?
The property is located at 515 Walker Avenue Norlina, NC.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approved PUD concept for a large‑scale, mixed‑product residential community with phased development.; Direct connectivity to planned Town of Norlina amenities: municipal pool, ball field, pickleball courts, and playground.; Diverse housing options in Phase One: duplexes, single‑family homes, townhomes, quad‑flex units, and multifamily buildings.
