Prime residential development property, city water, city sewer, city power all confirmed with capacity. Zoning is already correct for approximately 185 building lots, city of Albemarle has confirmed neighborhood will be approved as long as design meets ordinance which is obvious for any development. You do not need to go before city council for approval and a long entitlement process. The planning dept has 14 days to approve preliminary and make comment and then the city has 14 days to approve final. 28 days total involved from city when timed with monthly planning board meeting. There are no flood plains, endangered species, etc and if you want to work with the existing terrain then geo technical is simple. Absorb Charlotte.
| MLS # | 4400336 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 54 |
| Listing Provided By | Beycome Brokerage Realty LLC | Craig Tribus |
| Acreage | 64.18 |
|---|---|
| Water Front | Yes |
| List Aor | Canopy Realtor Association |
|---|
| Property | 186 |
|---|
| State | NC |
|---|---|
| County | Stanly |
| City | Albemarle |
| Zip Code | 28001 |
| Area | Stanly |
| Community Name | Pennington Place |
| School District | Albemarle |
| Elementary School | Central |
| High School | Albemarle |
| Listing VS Median (in Pennington Place) | |
Price: $2,000,000 low | high Med: $348,000 On site: 54 low | high Med: 331 | |
| State | NC |
|---|---|
| County | Stanly |
| City | Albemarle |
| Zip Code | 28001 |
| Area | Stanly |
| Community Name | Pennington Place |
| School District | Albemarle |
| Elementary School | Central |
| High School | Albemarle |
| Listing VS Median (in Pennington Place) | |
Price: $2,000,000 low | high Med: $348,000 On site: 54 low | high Med: 331 | |