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    OFF-MARKET
    Commercial real estate

    656 Kendal Dr, Leicester, NC 28748

    2 ac lot
    Property ID
    US53-3255803
    Property summary
    AI-generated overview

    This exceptional 2-acre residential lot in Leicester, North Carolina, presents a fantastic opportunity for homebuyers or developers. Priced at $53,000, this easy-to-build homesite boasts pre-grading, simplifying the construction process. The property, located at 656 Kendal Dr, Leicester, NC 28748 (latitude 35.6962789, longitude -82.821738), offers stunning views of the surrounding mountains and farmlands, creating a serene and picturesque setting. The lot's size and existing grading make it ideal for constructing a single-family residence. However, its strategic location also presents a compelling option for developers seeking to acquire a larger parcel. Combining this lot with adjacent properties could create a desirable three-lot development package. This property is situated in Madison County and provides a tranquil escape while remaining conveniently located. The asking price represents excellent value for a build-ready lot with such desirable features and breathtaking views. Don't miss this chance to secure your dream homesite or a promising development opportunity in this beautiful North Carolina location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2 ac (87,120 SF)
    UPID US53-3255803
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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