(LAND) 22 ACRE OPPORTUNITY– IDEAL FOR DEVELOPMENT AND/OR RECREATION (IREDELL COUNTY, 28634)

ASKING PRICE: $187,300 (PPA: $8,514)

SFR POST CONSTRUCTION VALUE: $395,000

Location

• Located in Iredell County, NC, just outside Harmony
• Easy access to I-40 and Statesville, 1 hr from Charlotte, 30 min from Winston Salem & 1 hr from Greensboro
• Rural setting with convenient access to nearby towns and amenities

Lot Conditions & Specs

• ~22 acres of mostly wooded, untouched land suitable for homesites, recreation, and/or hunting
• ~750 feet of paved road frontage for easy access and development potential
• Survey included to define property boundaries
• Flat terrain near the road for build sites, with rolling slopes leading to an elevated peak for additional development or recreational use
• Stream runs along the rear property line, enhancing the natural landscape

Zoning & Development

• Zoned RA (Residential Agricultural - County), allowing for multiple uses
• Min. Lot Requirements:
  • Lot Size: 25,000 sqft
  • Frontage: 100'
  • Set Backs: F: 35' / S: 15' / R: 15'
• Minor Subdivision Requirements: -5 or fewer lots created after subdivision-25,000 sqft  minimum per lot for watershed areas-Each lot to follow standard min. lot zoning requirements (see above)

Utilities & Infrastructure

• Electric access available at the road
• County Water available through Iredell Water Corp.
• Septic - parcel shows favorable soil conditions for future development
• Previously installed septic system provides proof of concept

COMPS - On or Near E Memorial Hwy:

Land

• 0 Fox Hunter Rd, SOLD $310,000 20.33 Acres - PPA $15,248 (11/15/24)
• 731 W Memorial Hwy, SOLD $50,000 1.78 Acres - PPA $28,090 (6/10/24)

New Construction SFR

• 737 E Memorial Hwy, SOLD $395,000 3bd / 2.5ba 2,196 sqft (2/20/25)
• 122 Arrowood Ln, SOLD $455,000 4bd / 2.5ba 2,342 sqft (2/18/25)

 *CLICK HERE TO SUBMIT OFFER* 

Contact for all info & offers!

704-741-2044

Kristie@zeres.capital

Looking for a CASH transaction. This is an assignment of contract and a non-refundable deposit is required in order to lock up the deal.

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Submitting your offer

Please submit your Highest and best offer once all due diligence has been completed. The highest and best will be accepted based on speed of closing, convenience and price.

All offers must be cash, private lending or hard money only, with the ability to close within (21) days or less. Price is net to the seller, buyer pays all closing costs unless otherwise specified.

After the offer is accepted, the contract must be signed and EMD must be received within 5 hrs to the agency/office that is facilitating the closing. Minimum EMD amount for this property is $10,000. Earnest Money Deposit is Non-Refundable unless title cannot be cleared.

All properties in which the contract is assigned will be delivered fully insured with clear title from a reputable title company/attorney’s office and underwriter.

Basic Terms

For any offering, we either own the property or have equitable ownership interest with the ability to assign our contractual rights to the purchasing party. The buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. The opinion of value is given as a courtesy only as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property.

Wholesalers and Real Estate Agents

You may share this property with your buyers, however, please do not post this deal on any online platform without our consent. Wholesalers and Real Estate Agents, please add your fee and/or commission on top of our offering price when marketing to clients. To discuss further, please contact us.

*CLICK HERE TO SUBMIT OFFER*