Current Use by Public Records
- Land
Property Details for 132 Stallings Road Ext
- Lot size
- 3.45 lot acres
- Property type
- Land
Description
This exceptional 3.45-acre commercial land parcel presents a remarkable development opportunity in the thriving town of Matthews, North Carolina. Located at 132 Stallings Road, this property boasts over 400 feet of frontage on Stallings Road, ensuring high visibility and accessibility. The site is zoned TC (Town Center), allowing for a variety of mixed-use developments, as defined by the land use plan as Mixed-Use Class 1 (Residential/Office). Its strategic location within both the Downtown Overlay District and Monroe Road Corridor Overlay District offers significant advantages for developers. The property benefits from convenient access to major transportation arteries, including I-485 and Highway 74, both less than 1.5 miles away. Water and sewer services are readily available, simplifying the development process. The high traffic count makes this location ideal for retail development, and there's potential for assemblage with adjacent properties to create an even larger development footprint. This is a rare opportunity to acquire a prime commercial lot in a rapidly growing area, offering significant potential for substantial return on investment. The asking price for this exceptional property is $1,400,000. The property's 28104 zip code and Union County location further enhance its appeal.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Matthews
- County
- Union
- State
- North Carolina
- Longitude
- -80.695
- Latitude
- 35.0866
