44855 Hwy 740 - Prime 61.72 Acres | Single Family Entitled 61.72 Acres of Residential Land Offered at $2,100,000 in New London, NC 28127

44855 Highway 740, New London, North Carolina, is a prime 61.72-acre lot fully entitled for R-15 single-family residences an hour’s drive from Charlotte, Greensboro, and Winston-Salem. The property is raw, undeveloped land approved for 65 lots with access to water and sewer. Population growth in nearby markets has continued to follow job growth, making it an excellent opportunity for investors and builders to add much-needed housing inventory.

44855 Highway 740, located right off NC-8 and Highway 52, makes it easy for commuters to get to Charlotte, Greensboro, Winston-Salem, Concord, Salisbury, Albemarle, and more. The property's central location also puts it near various demand drivers such as Badin Lake, Lake Tillery, Pfeiffer University, and Gray Stone Day School. New London sits between Albemarle and Richfield along Highway 52 in the southern Piedmont region of the state, approximately 45 miles from Charlotte. 44855 Highway 740 is primed for single-family residence development in one of the region’s most advantageous and thriving areas.