Expansive Land Parcel in
For Sale
$550,000
Pennington Road, Albemarle, NC 28001
Land, Albemarle, NC
Property SizeContact for details
Lot Size28.75 Acres
Days on Market457
Property Features for Pennington Road
General Information
Property type
Land
Property subtype
Other
Zoning
RA
Zoning description
COU:RA
Elementary school
Millingport
Middle school
North Stanly
High school
North Stanly
Directions
Directions from Badin Lake to Pennington Road, Albemarle NC 1. Start by heading southeast on Badin Lake Road toward NC-740 2. Turn left onto NC-740 South and continue for approximately 5 miles. This scenic route will take you through the town of Badin and along the banks of Badin Lake. 3. In Albemarle, turn left onto NC-24/27 East (also known as East Main Street) and proceed for about 2 miles. 4. Turn right onto Pennington Road (State Road 1401). Continue on Pennington Road to reach your destination. Estimated Travel Time: 15-20 mins depending on traffic and conditions.
Standard status
Active
APN
6529-02-56-1475
Lot size
28.75 Acres
Taxes and HOA fees
Tax Description
VAC PENNINGTON RD
Legal Description
VAC PENNINGTON RD
Listing Agency:
EXP Realty LLC Ballantyne
(888) 584-9431
Listed By:
Ashley Etheredge · License #119739
(980) 221-5647
Added: May 22, 2025
Changed: Aug 19
Last Checked: Aug 21 at 12:06PM
MLS# 4263058
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 28.75-acre parcel offers a blend of rural tranquility and development potential. Zoned RA, the property presents opportunities for residential development, agricultural pursuits, or a private estate. It features direct frontage on Pennington Road. Nearby attractions include Morrow Mountain State Park, offering hiking, camping, and views of the Uwharrie Mountains. Downtown Albemarle, also nearby, hosts cultural events, local dining, and shopping centers. Baldin Lake provides opportunities for boating, fishing, and water sports. The property offers investment potential for developers, farmers, investors, or individuals looking to build a custom home or family compound.
Key Highlights
- Expansive 28.75‑acre parcel zoned RA, offering diverse development possibilities.
- Direct road frontage on Pennington Road, ensuring convenient access.
- Investment potential for developers, farmers, investors, or individuals.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Explore this area
Business Placement
Demographics for 28001, NC
27,185
Population
12,847
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
88%
High-School Grad
131.4 sq mi
ZIP Area
207
Density / Sq Mi
$55,610
Median Household Income
$36,684
Median Earnings
$823
Median Rent
$194,200
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?
Land - 28.75-acre lot zoned RA with development potential.
Where is this land located?
The property is located at Pennington Road Albemarle, NC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Expansive 28.75‑acre parcel zoned RA, offering diverse development possibilities.; Direct road frontage on Pennington Road, ensuring convenient access.; Investment potential for developers, farmers, investors, or individuals.
