4121 Alpine Ave, Midland, NC 28107
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.
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.
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.