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    OFF-MARKET
    Land

    0 Blackwelder Rd, Salisbury, NC 28146

    21.43 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 21.43-acre residential land parcel in Rowan County, North Carolina, presents a unique opportunity for development or personal use. Located near Interstate 85 at 0 Blackwelder Rd, China Grove, NC 28146, this property boasts a private setting ideal for building a home or creating a residential subdivision. The land is zoned RR and has undergone extensive preliminary studies, including a soil evaluation, survey, and water delineation. A perc test for septic has been completed, facilitating efficient planning for future construction. While a well study has not yet been conducted, the existing data significantly reduces the upfront costs and time associated with development. The asking price is $417,885, translating to $19,500 per acre, reflecting the property's prime location and readiness for development. The property's APN is 116 015. This is a rare chance to acquire a sizable, well-studied residential tract in a desirable location. The potential for subdivision adds further value and flexibility for prospective buyers. Don't miss this opportunity to secure this exceptional piece of land.

    Property profile
    Verified
    Property type Land
    Lot 21.43 ac (933,491 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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