4024 Main St High Point, NC 27265
- Land
- 31.00 lot acres
Current Use by Public Records
- Land
Property Details for 4024 Main St
- Lot size
- 31.00 lot acres
- Property type
- Land
Description
This exceptional 31-acre parcel, located at 4024 N. Main St. in High Point, North Carolina (zip code 27265), presents a remarkable multifamily development opportunity. Currently zoned Residential Multi-16 (CZRM-16), the property is entitled for up to 392 multifamily units, offering significant potential for a substantial return on investment. The land boasts a gently sloping topography and excellent visibility, ensuring optimal site utilization and marketing appeal. Utilities are readily available, including municipal water and sewer, natural gas, and electricity, simplifying the development process. Its strategic location provides convenient access to major employers, retail centers, and other essential amenities, enhancing the desirability of the future development. The asking price for this prime piece of land is $3,300,000. This is a rare chance to acquire a large, well-located tract in a thriving North Carolina market, perfectly suited for a high-density residential project. The Forsyth County location offers further advantages for investors seeking a strong and growing area. Don't miss this chance to secure a significant land holding with exceptional development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- High Point
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.0534
- Latitude
- 36.0197
