0 Main St Belmont, NC 28120
This exceptional 7.65-acre property, located at 0 N Main St, Mount Holly, NC 28120, presents a unique investment opportunity within the city limits. Currently zoned R, this land offers significant potential for various development projects. The property's strategic location, highlighted in the City of Mount Holly's strategic vision plan, suggests strong potential for multi-family development. Its proximity to city utilities simplifies infrastructure integration. The site boasts an excellent waterfront location, making it ideal for a multi-family development or a stunning elevated home site. The property's central location offers easy access to local restaurants, shopping, and churches. Beyond the primary development area, a portion of the land bordering Pine Street may be suitable for additional single-family dwellings, although the current zoning is for single-family residences. This 7.65-acre parcel represents a rare chance to acquire a substantial piece of land in a rapidly growing area of Mount Holly, offering a rewarding investment or the perfect location for a dream home. The asking price is $290,000. The property has been under the current ownership for over one year.
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
Similar Nearby for Lease
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.