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    OFF-MARKET
    Commercial real estate

    10421 Arlington Church Rd, Mint Hill, NC 28227

    39.6 ac lot
    Property ID
    US53-0831441
    Property summary
    AI-generated overview

    This exceptional 39.6-acre property in Mint Hill, North Carolina, presents a remarkable opportunity for diverse development. Currently zoned residential, the land offers significant potential for rezoning through the Mint Hill city council, opening doors to a variety of uses including commercial development, multi-family housing, or agricultural ventures such as a farm or orchard. The property boasts a beautiful landscape and is conveniently located just five minutes from downtown Mint Hill and Interstate 485, a key transportation artery. The area is experiencing rapid growth and population increase, making this a highly attractive investment. While the existing 1296 square-foot house, two-car garage, and four sheds (including a tractor shed, drive-through shed, chicken coop, and wood-cutting shed) are considered of no value, they are included in the sale. The property is partially cleared at the road frontage but is mostly wooded. Note that an inoperable well and septic system are on the site, and city water is available at the road, subject to approval from Mint Hill. Prospective buyers are welcome to walk the property, though access to the house is restricted for safety reasons. Access can be granted with a formal offer. Directions: From Hwy 485, take the Mint Hill Rd exit, turn towards Mint Hill, right onto Bartlett Rd, then left onto Arlington Church Rd. The property is approximately one mile down on the left. More photos are forthcoming. Asking price: $1,850,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 39.6 ac (1,724,976 SF)
    UPID US53-0831441
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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