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1047 Pennington Road

Albemarle NC 28001

64.18 ac.
Land
Currently for sale - view listing

Overview

Prime residential development property, city water, city sewer, city power all confirmed with capacity. Zoning is already correct for approximately 185 building lots, city of Albemarle has confirmed neighborhood will be approved as long as design meets ordinance which is obvious for any development. You do not need to go before city council for approval and a long entitlement process. The planning dept has 14 days to approve preliminary and make comment and then the city has 14 days to approve final. 28 days total involved from city when timed with monthly planning board meeting. There are no flood plains, endangered species, etc and if you want to work with the existing terrain then geo technical is simple. Absorb Charlotte.

Features

64.18 ac. lot size
Land

Happy sellers in Albemarle

94%
94% of sellers in Albemarle reported that their sale price either exceeded or met their price expectations.

Albemarle stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Albemarle over the last 12 months.

Local market activity for land plots in Albemarle

In the last 12 months, 46 land plots similar to 1047 Pennington Road, have been sold.

This represents a 36% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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