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Property profile & analytics
OFF-MARKET
Land

1372 State Rd Indian Trail, NC 28079

7.16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.16-acre parcel in Indian Trail, North Carolina, presents a unique investment opportunity. Located on East Park Road, this property boasts a CITY zoning designation under the Town of Indian Trail Downtown Master Plan Update, allowing for diverse development options. The approved plan opens doors to a range of possibilities, including office buildings, retail spaces, and high-density residential projects. The land's strategic location offers convenient access to major transportation arteries, including Highway 74 and Interstate 485, ensuring excellent connectivity. Furthermore, its proximity to Union County Atrium Hospital adds significant value. This meticulously appraised land, encompassing APN 07087001 and 07087002A, is priced at $1,710,000 and represents a compelling chance to capitalize on the growth and development within Indian Trail. The address is State Rd 1372, Indian Trail, NC 28079. This is a rare opportunity to acquire a large, versatile tract of land in a thriving area with a clear path for future development. The property is zoned for commercial and residential use.

Property profile
Verified
Property type Land
Lot 7.16 ac (311,890 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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