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000 Eastfield Road - 160/ Apts- Active Over 55 Development
13.4 Acres of Commercial Land Offered at £3,129,800 in Huntersville, NC 28078
Investment Highlights
- Prime site in a signalized corner
- Walmart within 1-min drive
- 2-min drive from I-485
- 15,000 VPD
- Wide road frontage of 663 feet
Executive Summary
Spanning an expansive 13.37 acres, the lot is approved for an active over 55 community, featuring 160 units of one and two-bedroom residences. This development aligns perfectly with the demographic needs of the area, offering an attractive living option for seniors.
The proximity of Walmart, just a 1-minute drive from the site, ensures residents' daily necessities are easily accessible, adding to the desirability of the community. Fully serviced with essential utilities including water, gas, electricity, and sewer facilities, the site is primed for development, eliminating logistical hurdles.
With an impressive 663 feet of road frontage on Eastfield Rd, the development enjoys enhanced accessibility and visibility, further enhancing its appeal as a lucrative investment opportunity.
Property Facts
Price | £3,129,800 | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
Sale Conditions | Design & Build | Proposed Use | |
No. Lots | 1 | Total Lot Size | 13.40 AC |
Price | £3,129,800 |
Sale Type | Investment |
Sale Conditions | Design & Build |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 13.40 AC |
1 Lot Available
Lot
Price | £3,129,800 | Lot Size | 13.40 AC |
Price Per AC | £233,567 |
Price | £3,129,800 |
Price Per AC | £233,567 |
Lot Size | 13.40 AC |
13 acre development site
Description
Situated at a strategically signalized corner, this prime parcel of land offers an exceptional canvas for an active over 55 community. Boasting high-traffic visibility with approximately 15,000 vehicles per day (VPD) and direct access to I-485 just a 2-minute drive away, this site ensures effortless connectivity to the wider region. Approved for a vibrant community catering specifically to the over 55 demographic, this development encompasses 160 units of one and two-bedroom residences. Designed to meet the evolving needs of today's seniors, these thoughtfully planned units provide a comfortable and modern living experience. Convenience is paramount, with a Walmart located within a mere 1-minute drive, ensuring residents have easy access to daily essentials. Fully equipped with essential utilities including water, gas, electricity, and sewer facilities, the property is primed for seamless development, eliminating logistical barriers. Featuring an expansive 13.37-acre lot and an impressive 663 feet of road frontage on Eastfield Rd, this development offers unparalleled visibility and accessibility.
Presented by
000 Eastfield Road - 160/ Apts- Active Over 55 Development
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