9235-9247 Sherrills Ford Rd Sherrills Ford, NC 28682
- Land
- 9.75 lot acres
Current Use by Public Records
- Land
Property Details for 9235-9247 Sherrills Ford Rd
- Lot size
- 9.75 lot acres
- Property type
- Land
Description
This exceptional 9.75-acre commercial land parcel presents a remarkable development opportunity in the rapidly growing Sherrills Ford area, a Lake Norman town conveniently located just 30 minutes from Charlotte, NC. The property, situated on a highly visible corner lot and encompassing five combined parcels, is already graded and prepared for immediate development. Boasting a daily traffic count of 25,000 vehicles, this strategically located site is designated as Area 2 within the Terrell Town Center plans, and is zoned Planned Development-Conditional. Individual lot sizes range from 0.23 to 3.13 acres, offering flexibility for various development scenarios. The location is highly desirable, situated within a half-mile radius of Lake Norman, the largest man-made lake in North Carolina and a significant lake home market. Furthermore, the property benefits from its proximity to affluent lakefront and golf communities in Lincoln County, boasting an average household income exceeding $100,000 within a one-mile radius. This prime location capitalizes on Charlotte's robust economic growth, recognized by PwC and ULI as a top real estate market. The asking price for this exceptional property is $7,200,000. This represents a compelling investment opportunity in a high-demand area with significant potential for substantial returns.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sherrills Ford
- County
- Catawba
- State
- North Carolina
- Longitude
- -80.9796
- Latitude
- 35.5894