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Property profile & analytics
OFF-MARKET
Land

0 Houston Rd Troutman, NC 28166

39.61 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 39.61 ac (1,725,412 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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