$800,000

Prime Development Opportunity in Rapidly Growing Albemarle, NC. Developers, investors, and builders—this is your chance to secure 10 acres in one of Albemarle’s most promising growth corridors before the major boom hits. Zoned R-6, this property is tailor-made for high-demand multi-family or townhome development. A preliminary concept plan has already been drafted, outlining a community featuring 71 townhomes and 3 single-family homes. Significant groundwork has been completed to streamline your path to development, including: Partial topographical and boundary surveys - Utility locates completed - As-built information gathered - Several easements negotiated - Engineering design phase approximately 60% complete. All completed materials along with the contact information for the civil engineer who performed the work can be shared, offering a valuable head start. New development plans will need to be finalized and submitted for approval—but much of the foundational work is already in motion. Location Highlights: This site offers exceptional convenience—just minutes from the hospital and medical facilities, shopping, dining, schools, and historic downtown Albemarle. City of Albemarle utilitities are available with install and tap fees. Don’t miss this opportunity to position yourself in Albemarle’s next major growth area.