0 Lockhart Farm Ln Statesville, NC 28677
This exceptional 6.99-acre property in Iredell County, North Carolina, presents a unique investment opportunity. Located on Lockhart Farm Ln in Statesville (zip code 28677), this land is zoned RA, allowing for both residential and agricultural uses. The asking price is $139,800, translating to approximately $20,000 per acre. The property's versatile zoning opens doors to a variety of development possibilities, from creating a private homestead to establishing a small-scale agricultural operation or a blend of both. Its location offers a peaceful rural setting while remaining conveniently close to Statesville's amenities. The property's APN is SR 1332 OFF 4711-55-6607.000. This is a rare chance to acquire a sizable parcel of land with significant potential in a desirable North Carolina location. The latitude and longitude coordinates are 35.7032828, -80.9661255 respectively. Buyers are encouraged to conduct their own due diligence regarding permitted uses and development regulations. This property offers a unique blend of rural tranquility and convenient access to urban amenities, making it an ideal location for those seeking a peaceful lifestyle or a strategic investment opportunity.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.