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    OFF-MARKET
    Land

    4121 Alpine Ave, Midland, NC 28107

    14 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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