44855 Hwy 740 - Residential LAND FOR SALE


New London, NC 28127 2,688,523 SF
$2,100,000 USD
980-581-1054
44855 Hwy 740, New London, NC for Sale
$2,100,000 USD
Residential LAND - FOR SALE
1/15
2,688,523 SF

44855 Hwy 740
New London, NC 28127


HIGHLIGHTS

  • Prime 61.72-acre lot fully entitled for single-family residences, approved for 65 lots an hour’s drive from Charlotte with access to water and sewer.
  • Population growth in nearby markets has continued to follow job growth, making it an excellent opportunity for investors and builders.
  • Located right off NC-8 and Highway 52, making it easy for commuters to get to Charlotte, Greensboro, Winston-Salem, Salisbury, Albemarle, and more.
  • Near various demand drivers such as Badin Lake, Lake Tillery, Pfeiffer University, and Gray Stone Day School.

OVERVIEW

44855 Highway 740, New London, North Carolina, is a prime 61.72-acre lot fully entitled for R-15 single-family residences an hour’s drive from Charlotte, Greensboro, and Winston-Salem. The property is raw, undeveloped land approved for 65 lots with access to water and sewer. Population growth in nearby markets has continued to follow job growth, making it an excellent opportunity for investors and builders to add much-needed housing inventory. 44855 Highway 740, located right off NC-8 and Highway 52, makes it easy for commuters to get to Charlotte, Greensboro, Winston-Salem, Concord, Salisbury, Albemarle, and more. The property's central location also puts it near various demand drivers such as Badin Lake, Lake Tillery, Pfeiffer University, and Gray Stone Day School. New London sits between Albemarle and Richfield along Highway 52 in the southern Piedmont region of the state, approximately 45 miles from Charlotte. 44855 Highway 740 is primed for single-family residence development in one of the region’s most advantageous and thriving areas.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/ACRE

$34,025/AC

PRICE/SF

$0.78 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime 61.72 Acres | Single Family Entitled

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Development, Single Family Residence

LAND ACRES

61.72 AC

LAND SF

2,688,523 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

R-15

APN/PARCEL ID

6641-01-07-4907

ASK ABOUT THIS PROPERTY

Lee AllenLeeBurt Properties, LLCMore Info
980-581-1054

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Lee AllenLeeBurt Properties, LLCMore Info
980-581-1054

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.