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Property profile & analytics
OFF-MARKET
Commercial real estate

7863 Gregory Rd Sherrills Ford, NC 28673

10 ac lot
Individually Owned 1-yr Hold
Property ID
US53-3301541
Property summary
AI-generated overview

This exceptional 10-acre property in Sherrills Ford, NC, presents a unique opportunity for residential development near Lake Norman. Located at 7863 Gregory Rd, Catawba County, zip code 28673 (35.597214, -80.989436), this land offers a diverse landscape. Approximately half the acreage features scenic creek gorges, while the remaining half is relatively level. The property's proximity to Hwy 150 provides convenient access to numerous amenities, including a Publix shopping plaza, Starbucks, and various restaurants. Nearby marinas and boat launches offer easy access to Lake Norman's recreational opportunities. While ideal for a single-family home, the possibility of multiple homes exists, contingent upon obtaining approval for a new road from the North Carolina Department of Transportation (NCDOT), commencing at Gregory Rd. It's important to note that the land has not been perked or surveyed; prospective buyers are responsible for conducting any necessary tests to determine buildability and suitability for their intended use. This is an excellent chance to establish a private retreat while enjoying the convenience of nearby urban amenities. The asking price for this remarkable property is $275,000.

Property profile
Verified
Property type Commercial real estate
Lot 10 ac (435,600 SF)
UPID US53-3301541
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
by Request
Owner & transaction history
Charles Ashford Barefoot · 1 yrs held
Charles Ashford Barefoot
since 2025
1 recorded transaction
2025
$175,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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