1372 State Rd Indian Trail, NC 28079
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.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.