150 & Mallard Lndg Blvd Clemmons, NC 27012
This exceptional 3.51-acre commercial land parcel presents a prime opportunity for development. Located in the thriving Mallard Landing development in Clemmons, North Carolina, this site is fully entitled for the construction of 23 townhomes. The property boasts a convenient location at the intersection of NC Highway 150 and Mallard Landing Boulevard, offering excellent visibility and accessibility. Significant progress has already been made, with most necessary permits already secured, simplifying the development process. The site has undergone rough grading, and essential utilities are readily available, minimizing upfront infrastructure costs. This ready-to-build location is part of an established community featuring a mix of single-family homes and townhomes, ensuring a strong existing residential base and a desirable neighborhood setting. The asking price for this exceptional development opportunity is $495,000. The property's address is N NC Hwy 150 & Mallard Landing Blvd., Clemmons, NC 27012, situated in Davidson County. This is a rare chance to acquire a fully entitled land parcel in a high-demand area, poised for immediate development. Don't miss this chance to capitalize on this exceptional investment opportunity.
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.