US Hwy 52 & Riverwood Rd - Commercial LAND FOR SALE


Norwood, NC 28128 784,080 SF
$1,400,000-$3,600,000 USD
704-794-2294
US Hwy 52 & Riverwood Rd, Norwood, NC for Sale
$1,400,000-$3,600,000 USD
Commercial LAND - FOR SALE
1/8
784,080 SF

US Hwy 52 & Riverwood Rd
Norwood, NC 28128


HIGHLIGHTS

  • 240 approved multifamily units
  • Two approved apartment parcels: 7 acres approved for 96 units, 11 acres approved for 144 units
  • Three-story multifamily product approved
  • Public water and sewer capacity secured through GPD approvals
  • No rezoning required
  • Part of the 97-acre Two Rivers Mixed-Use Community

OVERVIEW

240 Approved Multifamily Units Within a 97-Acre Master-Planned Community Uwharrie Apartments at Two Rivers presents a fully entitled multifamily development opportunity within the larger Two Rivers Mixed-Use Community, a 97-acre master-planned development in Norwood, North Carolina. The multifamily component consists of two approved apartment development parcels totaling approximately 18 acres and approved for up to 240 residential units. The project benefits from secured utility capacity, established density approvals, and flexibility in unit mix and parking design, providing developers with a streamlined path to delivery. As part of the broader Two Rivers Mixed-Use Community, residents will enjoy a thoughtfully planned environment that integrates multifamily housing, single-family neighborhoods, and employment-focused flex space within a single master plan. Pricing: Tract A: 7.0 Acres | 96 Approved Units | $1,400,000 Tract B: 11.0 Acres | 144 Approved Units | $2,200,000 Combined Offering: 18.0 Acres | 240 Approved Units | $3,600,000 The approved multifamily parcels are available individually or as a combined acquisition within the Two Rivers Mixed-Use Community, a 97- acre master-planned development featuring residential, employment, and recreational components.

FOR SALE DETAILS

PRICE

$1,400,000-$3,600,000 USD

PRICE/ACRE

$200,000/AC

PRICE/SF

$5 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

18 AC

LAND SF

784,080 SF

OFFSITE IMPROVEMENTS

-

ZONING

M-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Steven Tice, CCIMMortice Commercial Real EstateMore Info
704-794-2294

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Steven Tice, CCIMMortice Commercial Real EstateMore Info
704-794-2294

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