7331 Sherrills Ford Rd Sherrills Ford, NC 28673
This exceptional 17.22-acre residential land assemblage in Sherrills Ford, NC, presents a compelling investment opportunity. Located at 7331 Sherrills Ford Rd, Catawba County, this property boasts over 1,351 linear feet of road frontage along Mount Pleasant and Sherrills Ford Roads. The gently sloping terrain is mostly cleared and ready for development, offering significant potential for residential construction. The property's R-20 zoning allows for various development options, including the possibility of cluster zoning. Existing infrastructure includes access to county/municipal water and gas services; however, septic systems are currently required. The unique topography allows for efficient stormwater management, potentially utilizing a single spillway. While the tracts suggest higher density development, the site is also well-suited for larger, luxury homes, maximizing investment return. The property's convenient location and substantial size make it an ideal choice for developers seeking a prime residential project in a rapidly growing area. The APN numbers are 46080139903, 460801394797, and 460801394451. The asking price is $1,700,200. This is a for sale by owner listing.
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
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Property description
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