860 Perry Rd Troutman, NC 28166
This exceptional 8.98-acre property in desirable Troutman, North Carolina, presents a remarkable opportunity for various development ventures. Located on Perry Road, this nearly 9-acre parcel boasts a flat topography, offering ease of construction and development. Its convenient location provides less than a 5-minute commute to Interstate 77, ensuring excellent accessibility. The property is zoned Residential Agricultural, allowing for a range of uses including single-family home construction, potentially multiple homes, or other permitted uses such as child care facilities, funeral homes, camps, clubs, religious facilities, veterinary clinics, and community centers. Detailed permitted uses under the Residential Agricultural zoning are available via the Iredell County website. The property's size and zoning make it ideal for a single-family estate or a multi-family development project. Prospective buyers should note that well and septic systems will be required. The asking price for this exceptional land opportunity is $550,000. The property's APN is 4741814530.
Cap rate
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Property description
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