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    FOR SALE
    Commercial real estate

    1009 Austin Chaney Rd, Wingate, NC 28174

    5 ac lot
    Property ID
    US53-3627160
    1009 Austin Chaney Rd, Wingate, NC 28174 For Sale
    $875,000
    1009 Austin Chaney Rd, Wingate, NC 28174
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    Property summary
    AI-generated overview

    This exceptional 5-acre parcel, located at 1009 Austin Chaney Rd, Wingate, NC 28174 (APN 09-015-013-B), presents a compelling development opportunity. Zoned RA-20 WING, this property is ideally situated at the intersection of the Monroe Bypass and Austin Chaney Road, offering excellent visibility and accessibility. The asking price is $875,000. The land is classified as residential and presents itself as a single-family or mixed-use development site. A significant advantage is the availability of water and the proximity to sewer lines, simplifying infrastructure development. Furthermore, approximately 80 additional acres of adjacent land are also available for purchase, presenting a unique opportunity for large-scale development. This location in Union County, North Carolina offers a strong potential for growth and return on investment. The property's strategic location and the potential for expansion make this a highly attractive proposition for developers seeking a prime residential development site in a rapidly growing area. Don't miss this chance to acquire a substantial parcel of land with significant development potential.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5 ac (217,800 SF)
    APN 09-015-013-B
    UPID US53-3627160
    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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