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Residential Home Lot
For Sale
$50,000

7508 Addison Dr, Summerfield, NC 27358

Vacant residential lot with no HOA, bush hogged on 11/12/2024, near schools, parks, and shopping.

Property SizeContact for details
Days on Market706

Property Features for 7508 Addison Dr

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $480
Listing Agency: Gate City Real Estate
Listed By: Roy Crosier
Source: Exprealty
Added: Nov 12, 2024 Changed: Oct 3 Last Checked: Oct 16 at 12:53PM

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 Gate City Real Estate

Rey
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Investment Insights

Based on property information with market context.

This listing offers a vacant residential home lot with no HOA. The lot was bush hogged on 11/12/2024, providing a cleared condition for viewing and next steps.

Conveniently located near Summerfield Elementary (about 2 minutes) and Northern Middle/high schools (about 12 minutes). The property also has easy access to 220 South near Hwy 150, with Bur-Mil Park within about 8 minutes and nearby community recreation including Summerfield Community Park Playground and trails along the Piedmont Trail at Atlantic & Yadkin Greenway.

With its residential-lot configuration and lack of HOA restrictions, the site may fit buyers seeking a straightforward place to build within the Summerfield area.

Key Highlights

  • Vacant residential lot with no HOA
  • Bush hogged on 11/12/2024
  • 2 minutes to Summerfield Elementary

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Hair Salon HVAC Service Dental Office Building Supply

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

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby

Demographics for 27358, NC

15,173
Population
5,699
Households
2.7
Avg Household Size
44
Median Age
51%
College-Educated
93%
High-School Grad
52.7 sq mi
ZIP Area
288
Density / Sq Mi
$128,843
Median Household Income
$58,990
Median Earnings
$1,101
Median Rent
$410,000
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 - Vacant residential lot with no HOA, bush hogged on 11/12/2024, near schools, parks, and shopping.
Where is this residential land & home lot located?
The property is located at 7508 Addison Dr Summerfield, NC.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Vacant residential lot with no HOA; Bush hogged on 11/12/2024; 2 minutes to Summerfield Elementary
More about this property
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