Red Cross Rd Oakboro, NC 28129
- Commercial real estate
- 51.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Red Cross Rd
- Year built
- 1900
- Lot size
- 51.08 lot acres
- Property type
- Commercial real estate
Description
This exceptional 51.08-acre property presents a significant investment opportunity in the thriving Red Cross community of Oakboro, North Carolina. Strategically located along Highway 24/27, this expansive tract boasts over 2400 feet of prime highway frontage, ensuring unparalleled visibility and accessibility. The property also benefits from over 400 feet of rear access via Lakewood Road, providing multiple entry points and enhancing development flexibility. Currently zoned H-B, this land offers considerable potential for a variety of commercial or industrial uses. The three parcels comprising this offering are situated east of Highway 24/27 and border West Stanly High School, providing a unique location with high traffic counts and proximity to a significant population center. County water lines run adjacent to Highway 24/27, offering convenient access, although tap fees will apply. A drainage easement and open ditch are present, as detailed in the available survey. This substantial acreage presents a rare chance to acquire a highly visible and versatile property in a rapidly growing area. The property's size, location, and zoning make it an ideal candidate for a wide range of development projects. Detailed information, including the survey, is readily available upon request. The asking price is $1,500,000.
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
- Oakboro
- County
- Stanly
- State
- North Carolina
- Longitude
- -80.3549
- Latitude
- 35.2676