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Investment Highlights

  • Single Family Development Opportunity
  • Water and sewer approved!

Executive Summary

Kannapolis currently has a 5-year backlog for approval. Excellent opportunity for builders and investors to develop a 20-home residential community on 4.67 acres of approved land. The site offers ample acreage to design a thoughtfully planned neighborhood with strong market appeal. Its size and zoning potential make it ideal for single-family homes or a small-scale residential community, meeting the growing demand for new housing. A rare chance to secure development-ready land with clear upside and flexible design potential. All plans are proposed and have been reviewed by the city. Final approval is still required in order to move forward with necessary water and sewer connections. The current owners are working through this process with the city.

Property Facts

Price $900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 4.67 AC
Zoning R8 - R8

1 Lot Available

Lot

Price $900,000
Price Per AC $192,719.49
Lot Size 4.67 AC

Water and sewer approved!

Description

Its size and zoning potential make it ideal for single-family homes or a small-scale residential community, meeting the growing demand for new housing. A rare chance to secure development-ready land with clear upside and flexible design potential.

Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
159-117
Land Assessment
$72,852
Improvements Assessment
$0
Total Assessment
$72,852
  • Listing ID: 39989894

  • Date on Market: 4/1/2026

  • Last Updated:

  • Address: 403 Alpine St, Kannapolis, NC 28081

Contact the Sale Advisor

403 Alpine St

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