1233 Burchette Rd Manson, NC 27553
This exceptional 42.65-acre property near Kerr Lake in Manson, North Carolina, presents a unique redevelopment opportunity. Currently featuring two mobile homes on two separate parcels at 1233 and 1235 Burchette Rd, this land offers immediate income potential and significant future development prospects. The property is zoned to allow for a mobile home park with a special use permit, subject to approval by the Warren County planning board. Its strategic location minutes from Kerr Lake makes it highly attractive for investors and developers seeking to capitalize on the area's growing appeal. The Class C property boasts a 100% occupancy rate with two buildings, each one story, and a total of two units. The asking price is $375,000. The property's APN is B2 25A and is located in Warren County, NC, zip code 27553. This is a rare chance to acquire a substantial landholding with both immediate income and considerable long-term development potential. The property is classified as agricultural and residential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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