Current Use by Public Records
- Land
Property Details for 5380 Washington Woodard Dr
- Lot size
- 39.73 lot acres
- Property type
- Land
Description
Exceptional opportunity to acquire 39.73 acres of land zoned R-40 in Maiden, NC, Catawba County (zip code 28650). This strategically located property boasts 250 feet of highway 16 frontage, providing convenient access to both Charlotte and Hickory. The land is partially cleared, featuring attractive topography with several creeks and a pond. Water is readily available at Highway 16, and sewer lines are situated less than 3000 feet away. The property is situated near the intersection of Highways 16 and 150, and is almost directly across from the new Shannon Woods Lennar development, a large-scale residential community with over 800 homes. This prime location benefits from a rapidly growing area, with a median home sale price of $400,000 and average monthly rent exceeding $1500 in nearby Sherrills Ford. A 50-foot right-of-way ensures convenient property access. The asking price for this exceptional development opportunity is $1,775,000, translating to approximately $67,949 per acre. This represents a compelling investment in a high-demand area with significant potential for residential or commercial development. The address is 5380 Washington Woodard Dr.
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
- Maiden
- County
- Catawba
- State
- North Carolina
- Longitude
- -81.0723
- Latitude
- 35.5698
