2916 Southern Ln, Winterville, NC 28590
This exceptional 49.78-acre parcel presents a unique investment opportunity in Winterville, North Carolina. Located on Highway 11 South, the property boasts approximately 400 feet of highway frontage, offering significant visibility and accessibility. Currently zoned Rural Agricultural (RA), the land is already cleared, simplifying development plans. The property's location within the Winterville extraterritorial jurisdiction (ETJ) suggests potential for future development aligning with the area's commercial-residential transition plans as indicated in the future land use plan. The asking price is $1,368,950, translating to a land value of $27,500 per square foot. This substantial acreage provides ample space for a variety of commercial and/or residential projects. The property's address is 2916 Southern Ln, Winterville, NC 28590, with APN 02150. Its strategic location and considerable size make it an attractive prospect for developers and investors seeking a prime location in a growing area. The property's cleared state minimizes site preparation costs, accelerating the development timeline. This is a rare opportunity to acquire a large, strategically located parcel with significant potential for future growth and return on investment.
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.