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Property profile & analytics
OFF-MARKET
Land

0 Hanging Rock Forest Rd Danbury, NC 27016

18.85 ac lot
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Land
Lot 18.85 ac (821,106 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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