$2,330,000
For Sale

00 Ketchie Estates Road

China Grove, NC 28023
Browse 12 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

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

  • Interior Details
      • CoolingN/A
      • Cooling FeaturesN/A
  • Property Details
      • Acres23.66
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Gas, Phone Connected, Solar
      • Sewer InformationPublic Sewer
      • Utility SourceCity
  • Community and Neighborhood Details
      • CountyRowan
  • Financial Details
      • Original List Price$2,330,000
      • Days on Market (Cumulative)731
      • Buying Agency Compensation2
  • Other
      • MLS #3910611

Location

Matt GallinaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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