0 Blackwelder Rd, Salisbury, NC 28146
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.