Raw land development opportunity consisting of 28 entitled lots with approved development plans for Pine Hollow in Albemarle, NC. This offering includes the land, approved entitlements, and development plans; homes have not been constructed. Originally designed for detached single-story homes averaging 1,500-1,700 SF, each with 2-car garages and private yards. Sample floor plans are included and may be utilized, modified, or replaced by purchaser. The approved site plan features a low-density layout with internal streets, natural buffers, and a thoughtfully planned detached housing product. The project provides a flexible development opportunity for builders, developers, investors, and Build-to-Rent operators seeking to capitalize on growing demand for single-family housing. Ideal for purchasers seeking a shovel-ready development with approvals already in place, while maintaining flexibility in product design, construction, ownership, and exit strategy. Seller is an experienced general contractor and will consider providing horizontal development management and/or turnkey construction services under separate agreement. Conceptual renderings and home plans are for illustrative purposes only and have not been constructed.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale Lots And Land | $509,900 | CEDAR REALTY LLC |
| Year | Annual Amount | Description |
|---|---|---|
| $0 | 654903445527 |
High School Albemarle High | 0.9 miles away | 09 - 12 | |
High School Stanly Early College | 1.6 miles away | 09 - 11 | |
Elementary School North Albemarle Elementary | 1.7 miles away | KG - 05 |