0 Dorset PlStatesville, NC 28677

For Sale
$1,775,000

9.76 Acres, R-5MF Zoned, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • $1,775,000 asking price.
  • 9.76-acre residential land parcel.
  • R-5MF zoning.
  • Proposed 71-unit townhome development.
  • Convenient to I-77, shopping, and employment.

Property Details for 0 Dorset Pl

Property type
Other land, Land
Lot Size (sq. ft)
425,146 SF

Location Insight

City
Statesville
County
Iredell
State
North Carolina
Latitude
35.776546
Longitude
-80.8696211
Dorset Pl, Statesville, North Carolina

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