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Developed Subdivision in Forest City
For Sale
$600,000

Palms Way, Forest City, NC 28043

LAND - Forest City, NC

Property SizeContact for details
Lot Size38.39 Acres
Days on Market151

Property Features for Palms Way

General Information

Property type Land
Property subtype Other
Zoning R-15
Zoning description RESI
Pool private 1
Exterior features Tennis Court(s)
Subdivision Brookstone
Lot features Cleared, Corner Lot, Cul-De-Sac, Open Lot, Private, Rolling Slope, Wooded, Views
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Directions Use 0 Palms Way as GPS reference. From HWY 74 take the first Forest City exit (Broadway). Go to Main Street, take a left. Continue to Hudlow Rd, take right. See Brookstone subdivision on the left. No sign.
Standard status Active
APN 1644464
Lot size 38.39 Acres

Taxes and HOA fees

Tax Description The Palms Open Space PB 28 PG 268-270
Legal Description The Palms Open Space PB 28 PG 268-270

Utilities

Utilities Cable Available
Sewer type Septic Needed, Public Sewer
Listing Agency: Robert Greene Real Estate, Inc
Listed By: Emily Macon · License #277445
Added: Mar 22 Changed: Aug 3 Last Checked: Aug 19 at 3:06AM
MLS# 4358138

Copyright © 2026 Canopy 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.

This developed subdivision in Forest City, North Carolina, presents an investment and development opportunity across approximately 38 acres. The property comprises 29 individual parcels, suitable for developers, investors, or builders aiming to complete a residential community. Utilities are available, including water, natural gas, with some sewer access. Streets feature curbing, drainage, and lighting. The layout allows for various residential home styles while maintaining a small-town setting. Located in a growing area known for its scenic surroundings and convenient access to nearby amenities, the property combines development readiness with long-term potential. The property is zoned R-15. This subdivision represents a strategic opportunity to bring a desirable community to market, with increasing demand for quality housing in the region. The property offers the scale, infrastructure, and location to realize a vision for a residential development.

Key Highlights

  • Ready‑to‑develop subdivision with 29 individual parcels on ~38 acres.
  • Utilities available: water, natural gas, and some sewer access.
  • Streets with curbing, drainage, and lighting are already in place.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby

Demographics for 28043, NC

20,183
Population
9,356
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
84%
High-School Grad
66.3 sq mi
ZIP Area
304
Density / Sq Mi
$41,746
Median Household Income
$29,909
Median Earnings
$744
Median Rent
$176,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Ready-to-finish residential community development opportunity in Forest City, North Carolina.
Where is this land located?
The property is located at Palms Way Forest City, NC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Ready‑to‑develop subdivision with 29 individual parcels on ~38 acres.; Utilities available: water, natural gas, and some sewer access.; Streets with curbing, drainage, and lighting are already in place.
More about this property
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