1 Fairway Rd, Jacksonville, NC 28546
This exceptional 18+/- acre parcel presents a remarkable residential development opportunity in the heart of Jacksonville, North Carolina. Zoned RMF-HD, this land is ideally situated for the construction of single-family homes, offering convenient access to essential utilities. Water, sewer, and electric services are readily available on-site. The property boasts convenient access via West Fairway Road, providing both north and south commuter access via Highway 17 and proximity to local commercial services. Its location adjacent to Jacksonville Commons Middle School and Northside High School makes it particularly attractive to families. This lot, to be subdivided from a larger 24.26-acre tract, offers a unique chance to create a thriving residential community. Nearby established single-family developments feature lot sizes ranging from 5,000 to 7,000 square feet, providing a strong benchmark for potential development plans. The asking price is $4,000,000, with a land value of $5.10 per square foot. This is a truly exceptional opportunity to capitalize on the growing demand for residential properties in this desirable area of Jacksonville. The property's strategic location and existing infrastructure make it an ideal investment for developers seeking a high-return project. Don't miss this chance to acquire a prime piece of land in a thriving community.
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.