0 Houston Rd Troutman, NC 28166
This exceptional 39.61-acre tract presents a compelling investment and development opportunity in the thriving Iredell County area of North Carolina. Situated on Houston Road in Troutman, this property boasts a highly desirable Residential (RA) zoning designation, making it ideal for various residential development projects. Its convenient location offers easy access to Interstate 77, less than one mile away, ensuring seamless connectivity to regional transportation networks. Furthermore, the property's proximity to downtown Troutman, just three miles distant, provides residents with convenient access to local amenities, services, and community resources. The expansive lot size provides ample space for a variety of development plans, catering to the growing demand for residential properties in this rapidly developing area. Interested parties are encouraged to explore the potential of this exceptional land parcel and its strategic location within Iredell County. Detailed information and site visits can be arranged. This is a rare opportunity to acquire a significant land holding in a high-growth area.
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
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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.