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This exceptional 9.76-acre parcel in Statesville, North Carolina, presents a remarkable development opportunity. Ideally situated in Iredell County, near Interstate access, shopping, and employment centers, this property is zoned R-5MF, allowing for multi-family development. A preliminary plan proposes the construction of 71 townhome units, offering significant potential for a high-return investment. The asking price is $1,775,000, translating to approximately $25,000 per approved unit based on the current proposal. The property boasts a beautiful, open space area along a creek, adding to its appeal and potential for attractive landscaping within the development. Comprehensive development plans will be provided to the buyer. This is a rare chance to acquire a large, well-located parcel in a thriving area, ready for immediate development. The property's zoning and location make it an attractive investment for developers seeking to capitalize on the strong demand for housing in Statesville. All necessary documentation will be included in the sale. Don't miss this opportunity to secure this prime piece of land in a rapidly growing market. The zip code is 28677, and the address is Dorset Pl.
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Dorset Pl, Statesville, North Carolina, 28677
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.