0 Jane Sowers Rd Statesville, NC 28625
This exceptional 20-acre parcel, located on Jane Sowers Road in Statesville, North Carolina (APN 4746-53-4306), presents a remarkable investment opportunity. Priced at $1,900,000, this property boasts a 375-foot frontage on Jane Sowers Road, conveniently situated just off US 21 N. Its strategic location places it within a high-growth commercial and retail area, with numerous ongoing and planned projects nearby. The property benefits from County R-20 zoning bordering B-4 City Zoning, ensuring flexibility for development. Essential utilities are readily available, including city sewer and Iredell Water Corporation water service. This makes it highly suitable for high-density projects such as apartment complexes or townhome developments. Its proximity to Iredell Memorial Hospital and convenient access to I-77 (approximately 1 mile) and I-40 (approximately 2 miles) further enhance its appeal. This is Statesville's major retail and shopping area, offering unparalleled potential for significant returns. The property's size and location make it an ideal choice for developers seeking a prime location in a thriving market. Don't miss this chance to acquire a truly exceptional piece of land in a rapidly developing 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.