Property profile

4121 Alpine Ave Midland, NC 28107

OFF-MARKET
Land
14 ac lot
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Property summary

AI-generated overview

This exceptional 14-acre parcel in desirable Midland, North Carolina, presents a unique opportunity for residential development. Located at 4121 Alpine Ave, this property boasts convenient access to major roadways, including Highway 601, Highway 24-27 (1.8 miles), and I-485 (9.7 miles). Zoned R/OMT, the land allows for the creation of single-family homes on lots measuring 11,600 square feet, as permitted by right. Water and sewer services are readily available on-site. To facilitate a smooth development process, comprehensive due diligence materials are available upon request. These include a conceptual site plan, topographical survey, boundary survey, and a geotechnical report. Priced at $725,000, this assemblage in downtown Midland offers significant potential for builders and investors seeking a prime location for a residential project. The property's central location and readily available infrastructure make it an attractive investment opportunity. The detailed due diligence package ensures a transparent and informed decision-making process. Don't miss this chance to acquire this exceptional 14-acre tract in a thriving North Carolina community. The zip code is 28107, and the property is situated in Cabarrus County.

Property profile

Verified
Property type Land
Lot 14 ac (609,840 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4121 Alpine Ave Midland, NC 28107
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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