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Cedar Ridge Dr - Bridgewater Subdivision Land
19.2 Acres of Commercial Land Offered at $600,000 in Burlington, NC 27217
Investment Highlights
- Sewer and water connections are nearby and ready to be extended down Cedar Ridge Road.
- Excellent location for starter homes, addressing local housing needs.
- Located off Burch Ridge Road, with potential for extended road access through Cedar Ridge Road.
- Suitable for residential development, with flexible options for home builders.
- Positioned near the established Bridgewater Subdivision, adding community value.
- Close to local amenities, enhancing the appeal for future residents.
Executive Summary
Property Facts
1 Lot Available
Lot
Price | $600,000 | Lot Size | 19.20 AC |
Price Per AC | $31,250 |
Price | $600,000 |
Price Per AC | $31,250 |
Lot Size | 19.20 AC |
19.2 +/- Acres adjacent to Bridgewater subdivision. Zoned R-9. Priced to sell at $30,000 per acre. Located at the extension of Cedar Ridge Rd. .. sewer and water is available ... just pull it down the street.
Description
This 19.2-acre parcel offers a promising development opportunity in Burlington, located adjacent to the established Bridgewater Subdivision. With relatively flat terrain, the property is ideal for residential development, particularly for much-needed starter homes. Originally designed in 2009 as Phase 3 of the Bridgewater community, the site was intended to accommodate 62 lots. Although sewer, water, and road infrastructure were planned but not officially approved, the designs and additional plans are available for reference, providing valuable insight for future developers. The site benefits from access to essential utilities, with sewer and water connections available nearby, ready to be extended along Cedar Ridge Road. The location offers convenient accessibility, making it an attractive option for residential growth. Positioned in a thriving community, the parcel’s zoning (R-9) allows for flexible residential use, aligning with the demand for quality homes.
PROPERTY TAXES
Parcel Number | 127972 | Improvements Assessment | $0 |
Land Assessment | $195,340 | Total Assessment | $195,340 |
PROPERTY TAXES
zoning
Zoning Code | R9 (Residential) |
R9 (Residential) |
Presented by
Cedar Ridge Dr - Bridgewater Subdivision Land
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