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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

Parcel # 127972... $30,000 per acre ... 19.2 AC per GIS. Property is fairly flat. In 2009 this development was designed to have 62 lots and was to be phase 3 of Bridgewater Subdivision. See attached design. In addition sewer, water and roads were designed but never approved. The designs will be provided to the Buyer. This along with other detailed plans are available. It will at least give buyer an idea of the development opportunity. Great location for needed starter homes, .Easy access by extending Cedar Ridge Rd. Property is located off Burch Ridge Rd in Burlington. .

Property Facts

Price $600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Single Family Development
Total Lot Size 19.20 AC

1 Lot Available

Lot

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

PROPERTY TAXES

Parcel Number
127972
Land Assessment
$195,340
Improvements Assessment
$0
Total Assessment
$195,340

zoning

Zoning Code R9 (Residential)
R9 (Residential)
  • Listing ID: 18278200

  • Date on Market: 1/23/2020

  • Last Updated:

  • Address: Cedar Ridge Dr, Burlington, NC 27217

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