0 Hanging Rock Forest Rd Danbury, NC 27016
This exceptional 18.85-acre property, located in the desirable Hanging Rock Forest Subdivision in Danbury, North Carolina (zip code 27016), presents a unique investment opportunity. The land is comprised of multiple lots and tracts, offering flexibility for various development scenarios. The property is zoned R3, allowing for residential development. However, it's important to note that several lots are non-conforming and will require variance review from the Town of Danbury, per their Zoning Ordinance (available upon request). A map detailing the property's location within the Danbury ETJ (Extra Territorial Jurisdiction) and its partial inclusion in the Danbury Wellhead Protection Overlay District is also available. The eastern section of the property falls under this overlay district. Prospective buyers should familiarize themselves with these regulations before making an offer. Municipal water and sewer are not available
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
Similar Nearby for Sale
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.