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122 Brick Yard Rd - Riverside Acres 625 Acres of Residential Land Offered at $6,300,000 in Statesville, NC 28677



INVESTMENT HIGHLIGHTS
- Exceptional recreational and investment property
- Conservation easement opportunity
- Future residential development potential
- Marketable timber stands under management
EXECUTIVE SUMMARY
Exceptional recreational and investment property
Future residential development potential
Conservation easement opportunity
Marketable timber stands under management
PROPERTY FACTS Under Contract
| Price | $6,300,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 625.00 AC |
| Property Type | Land | ||
| Zoning | RA | ||
| Price | $6,300,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 625.00 AC |
| Zoning | RA |
1 LOT AVAILABLE
Lot 2
| Price | $6,300,000 | Lot Size | 625.00 AC |
| Price Per AC | $10,080.00 |
| Price | $6,300,000 |
| Price Per AC | $10,080.00 |
| Lot Size | 625.00 AC |
Iredell Co. PINs 3792217177.000 and 3792230088.000
DESCRIPTION
A 625-acre land tract on the Catawba River and Lake Norman, North Carolina's largest lake. Exceptional recreational and investment property Future residential development potential Conservation easement opportunity Marketable timber stands under management One mile of Catawba River (Lake Norman) frontage Docks permitted by right 44.5 miles from Charlotte US Highway 70 frontage 1.5 miles to I-40 and River Oaks Golf Club Rolling topography Hardwoods and loblolly pines Two scenic ponds for fishing and canoeing Multiple homesites overlooking ponds Historic home built in 1909 with large barn Established fields and road system Hunting leases for deer, turkey, boar Zoning: RA "Residential Agricultural District" Sewer by septic system only Lowes HQ (10 miles), Hickory (20 miles), Statesville (10 miles) Iredell Co. PINs 3792217177.000 and 3792230088.000 2021 Taxes: approximately $4500/yr. 200-foot wide active Norfolk Southern Railroad right-of-way that traverses along the entirety of the southern portion of the site. It is located approximately 500 feet north of the property's frontage on Lake Norman.
PROPERTY TAXES
| Parcel Number | 3792-23-0088.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,880 |
PROPERTY TAXES
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122 Brick Yard Rd - Riverside Acres
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