1009 Austin Chaney Rd, Wingate, NC 28174
For Sale
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.
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
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.