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Investment Highlights

  • City water and sewer is available
  • Relatively flat
  • Excellent location

Executive Summary

8.41 acres located in growing Lincoln County. This is a great opportunity for multi-family development. City water and sewer is available. Excellent location only five minutes from downtown Lincolnton. Roughly two miles to grocery and one and a half miles to shopping and drugstore. This land is mostly cleared and topography relatively flat. This 8.41 acres includes parcel numbers 83582, 83581 and a portion of parcel #17305. A survey to break this off will be done prior to closing. The pictures show approximately the acreage that will be cut off on survey. If greater than 6 units per acre a conditional rezoning to PRD would be required by the city of Lincolnton.

Property Facts Under Contract

Price $450,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 8.41 AC
Zoning RMF - Residential Multi-Family District

1 Lot Available

Lot

Price $450,000
Price Per AC $53,507.73
Lot Size 8.41 AC
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 83581
  • 83582
Land Assessment
$23,400
Improvements Assessment
$0
Total Assessment
$23,400
  • Listing ID: 26326169

  • Date on Market: 8/4/2022

  • Last Updated:

  • Address: 00 Lake Sylvia, Lincolnton, NC 28092

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