Address
401 Kincaid Road Salisbury, NC
Price
$ 850,000
Property Attributes
  • ID#3735344
  • TypeLot-Land
  • CountyROWAN
  • CitySalisbury
  • AreaRowan County
  • Zip28146
  • StyleLots/Acres/Farms
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.06 Acres
Listing Provided Courtesy Of:
Lantern Realty & Development LLC
Data Source:
Canopy MLS
Property Description

Incredible opportunity to build up to 40 townhome units with city road in place and city sewer and water! The hard work has been done with the site plan completed and approved by the City for 10 quadplex buildings (40 units total) or 10 four-unit townhome buildings (40 units total) ~final approval pending, preliminary approval received. Listing price of $850,000 is land price that breaks down to only $21,250 per unit! Seller can build the units for an additional cost to buyer. Site is 4 acres split in half fairly even on both sides of the road and all with road frontage. Zoned UR-12. There were previously some mobile homes on the site. Most have been removed with final ones being removed by the owner currently, so a new owner can start development immediately. Civil engineering is underway with initial plans completed and seller is open to providing those plans as well. *Seller is open to building the townhomes/quadplexes for the buyer as well. Contact agent for more info

Elementary School Middle School High School
Unspecified Elementary School Unspecified Middle School Unspecified High School
Price History
5/3/2021 Listed $850,000

General Features

Car Hoasubjectto None
Construction Type Site Built
Elementary School Unspecified
High School Unspecified
Middle/Junior High School Unspecified
Possible Use Multi-Family, Residential, Subdevelopment
Property SubType Lots/Acres/Farms
Property Type Land
Restrictions No Representation
Sewer Public Sewer
Standard Status Active
Structure Type Lot
Terms Cash, Conventional
Zoning Description UR-12

Exterior Features

Foundation Details Slab
Lot Dimensions See Attached GIS Map
Lot Features Cleared, Level, Paved
Lot Size Area 4.06
Road Frontage Type City Street, Paved Road
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Lot-Land Average in 28146

Price
AVG $240K
$850K
Visits
AVG 103
21

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