0 Highland Ave Mount Holly, NC 28120
This exceptional 8.6-acre property, located at 0 Highland Ave, Mount Holly, NC 28120, presents a unique investment opportunity. Situated on Highland Street, a major north-south route through Mount Holly, this land boasts approximately 1860 linear feet of frontage on Highland Avenue and over 2000 linear feet of waterfront access to Dutchman Creek. The property is zoned Residential, offering diverse development possibilities. While commercial development may require engineering considerations due to the creek's flood area, its prime location on a busy corridor presents significant potential. The land's history includes prior sand mining operations, with the seller providing documentation indicating substantial remaining sand reserves, potentially yielding millions of dollars in revenue. This presents an alternative investment path for a savvy investor. The extensive creek frontage also lends itself to the creation of a greenway or community retreat, requiring vision and development. This one-of-a-kind property offers a rare blend of commercial and recreational potential, making it an exceptional investment in a desirable location. The asking price is $1,350,000. The property has been owned for over a 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.