Current Use by Public Records
- Land
Property Details for 5612 East Dr
- Lot size
- 5.26 lot acres
- Property type
- Land
Description
This exceptional 5.258-acre parcel presents a remarkable opportunity for commercial development in the thriving town of Maiden, North Carolina. Located at the intersection of Highway 150 and Business 16, this strategically positioned land boasts high daily traffic counts and enjoys the benefits of a rapidly growing area experiencing significant commercial redevelopment. Zoned C, this mixed-use site is ideal for a variety of commercial ventures, including retail establishments and multifamily developments. Utilities are conveniently located on-site, simplifying the development process. The property's proximity to the intersection of Highway 150 and Highway 16 provides unparalleled accessibility, while its location less than half a mile from this major intersection ensures high visibility and convenient access for customers and residents. Furthermore, its position within a rapidly developing area, less than 30 minutes from Uptown Charlotte and situated in the growing Lake Norman region, guarantees strong potential for future appreciation. Significant residential and commercial development within a 5-mile radius further underscores the property's exceptional investment potential. This is a rare opportunity to acquire a substantial land parcel in a prime location poised for continued growth and success. The asking price for this exceptional property is $1,300,000.
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
- Lincoln
- State
- North Carolina
- Longitude
- -81.2646
- Latitude
- 35.551
