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4290 Red Cedar Rd
Gibsonville, NC 27249
45+ Acres - McIntyre Land · Land For Sale · 45.25 AC

Investment Highlights

  • Development path + motivated owner
  • Enjoys low tax burden and ag use exemption, perfect for holds/land bank
  • Beautiful tract, well located between Greensboro and Burlington, economic engines, and desirable amenities

Property Facts

Property Type Land
Property Subtype Agricultural
Proposed Use
Hold For Development
  • Hold For Investment
  • Horse Stables
  • Manufactured Homes or Mobile Home Park
  • Master Planned Community
  • Single Family Development
  • Winery or Vineyard
  • Agricultural
  • Pasture Ranch
Total Lot Size 45.25 AC
Zoning Agricultural or MFH*

Description

Well located within 20 minutes of major economic engines in growing N/NE Guilford County. This tract is beautiful with rolling topography for SFH development, agricultural farm, or as land bank. Excellent suburban proximity to convenience services, grocery, and leisure activities including public spraygrounds @ Keely Park and Bryan Park Soccer within a 5-10 minute drive. Designed opportunity zones for development are accessible in under 10 minutes commute time. For agricultural production, these fields are fertile and have an established history of success with local farming tenants. Modular and SFH and workforce housing developers should inquire. Ag use exemption and low tax burden combined with income from agricultural production offers an attractive risk-reward profile. This tract offers a prime location to support a portion of the 1100+ employees to be employed by the Publix distro warehouse (construction underway; ETA completion 2022), just under 4 min away. http://corporate.publix.com/about-publix/newsroom/news-releases/publix-breaks-ground-on-north-carolina-distribution-center.

Property Taxes

Property Taxes

Parcel Number
0111390
Land Assessment
$333,000
Improvements Assessment
$0
Total Assessment
$333,000
  • Listing ID: 15168615

  • Date on Market: 2/13/2019

  • Last Updated:

  • Address: 4290 Red Cedar Rd, Gibsonville, NC 27249

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