Prime Development Opportunity: Approved Site for up to 250 Multi-Family Units
Experience the pinnacle of development potential with our premier listing: an unimproved property zoned and approved for the construction of up to 250 multi-family units. Set in the dynamic, expanding community between Kannapolis and Salisbury, this site offers a rare blend of location, entitlements, and construction readiness that savvy multi-family developers will not want to miss. This development opportunity is in the path of the newly reworked exit 65 off of I-85, with the visibility of 74,000 vehicles Average Annual Daily Traffic.
Optimally Positioned:
Nestled between the flourishing cities of Kannapolis and Salisbury, this property is perfectly situated to take advantage of the region's growth.
Average Daily Traffic:
US29 before the intersection 15,000/aadt
US 29 North 12,000/aadt
Hwy 152 ramp 5,000/aadt
I-85 74,000/aadt
I-85 off ramps 8,500/aadt
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Price Changed | $2,330,000 -12.41% | Coldwell Banker- CK Select | ||
Price Changed | $2,660,000 +14.16% | Coldwell Banker- CK Select | ||
Listed For Sale | $2,330,000 | Coldwell Banker- CK Select |
Middle School China Grove Middle | 0.7 miles away | 06 - 08 | |
High School Jesse C Carson High | 1.1 miles away | 09 - 12 | |
Elementary School China Grove Elementary | 1.3 miles away | PK - 05 |