14841 Us-601 Midland, NC 28107
This exceptional 58.696-acre property in Midland, North Carolina, presents a rare opportunity for industrial and commercial development. Located in Cabarrus County (APN: 10-026 -0031.25), this fee-simple land is zoned General Industrial, offering a wide array of permitted uses. According to the 1/19/2021 Cabarrus County Unified Development Ordinance (UDO), over 50 uses are permitted, including storage lots, logistics and freight facilities, asphalt or concrete plants, building supply businesses, equipment sales and service centers, fabrication shops, machine shops, chemical manufacturing plants, nurseries, greenhouses, race team complexes, repair shops, restaurants, warehouses, and more. With special use permits and based on standards, nearly 100 uses are possible, such as shooting ranges, towing services, sports and recreation camps, and communication towers. Potential buyers should contact Cabarrus County Planning and Zoning for the most up-to-date zoning regulations. The asking price is $2,900,000, translating to approximately $49,407.11 per acre. This expansive tract is part of a larger 96.75-acre parcel, offering significant potential for large-scale development. Situated in a prime business environment, this property benefits from North Carolina's low corporate tax rate and its strategic location within a thriving industrial region, providing excellent logistical advantages. The property's location in Midland offers affordable development costs compared to more densely populated areas, making it ideal for businesses seeking high-growth opportunities in sectors like e-commerce, manufacturing, and distribution. The address is 14841 US-601, Midland, NC 28107.
Cap rate
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Property description
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