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Wilkinson Blvd & Peach Orchard Rd
2.65 Acres of Commercial Land Offered at $1,046,750 in Cramerton, NC 28012
Investment Highlights
- ±2.65 acres of retail land for sale
- Direct frontage on Highway 74, providing high visibility
- High traffic area with strong population growth (89,220 within 5 miles)
- Located at the signalized intersection of Wilkinson Blvd & Peach Orchard Road
- Adjacent to South Fork Village Apartments
- Zoned CZ, suitable for various retail or commercial uses
Executive Summary
The land is adjacent to the South Fork Village Apartments, further enhancing its appeal for retail or service-based establishments that can cater to local residents and commuters. With direct frontage on Highway 74 (Wilkinson Blvd), this property boasts outstanding exposure to both local and regional traffic, increasing its desirability for retail developments. The area benefits from substantial population growth, with over 38,800 residents within 3 miles and over 89,000 within a 5-mile radius. This demographic growth, coupled with a median household income of $85,140 within a 3-mile radius, underscores the potential of this location for high-demand retail operations.
This retail land offers a great opportunity for investors or developers looking to capitalize on a growing and dynamic area. Whether you’re planning a retail center, restaurant, or mixed-use development, this property’s location and access to key infrastructure make it an excellent choice for your next project.
Property Facts
Price | $1,046,750 | Property Subtype | Commercial |
Sale Type | Investment or Owner User | Proposed Use | Commercial |
No. Lots | 1 | Total Lot Size | 2.65 AC |
Property Type | Land |
Price | $1,046,750 |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 2.65 AC |
1 Lot Available
Lot
Price | $1,046,750 | Lot Size | 2.65 AC |
Price Per AC | $395,000.00 |
Price | $1,046,750 |
Price Per AC | $395,000.00 |
Lot Size | 2.65 AC |
Description
This retail land for sale, situated on the northwest corner of Wilkinson Boulevard and Peach Orchard Road in Belmont, NC, offers a prime opportunity for commercial development. With ±2.65 acres of land, the property is located at a signalized intersection, providing excellent visibility and easy access for both local traffic and regional commuters traveling along Highway 74. The land is adjacent to the South Fork Village Apartments, offering direct access to a growing residential community, which enhances the property’s value for retail or service-based businesses. The location is strategically positioned to serve the increasing population in the area, with a projected population of over 93,600 within 5 miles by 2027. The area is also experiencing consistent growth, with a median household income of $85,140 within a 3-mile radius, demonstrating the area's economic potential for retail developments. This property is zoned CZ (Conditional Zoning), providing flexibility for a variety of commercial and retail uses, including restaurants, convenience stores, or larger retail centers. The high traffic volume and easy accessibility make it an ideal site for businesses looking to capture both local and regional customers. In addition to the excellent location and demographics, the property’s proximity to major roadways, including Highway 74, ensures that it will remain a highly visible and accessible site for years to come. Whether you’re a developer looking to create a retail center or a business seeking a strategic location to establish a presence, this property offers an exceptional opportunity in a rapidly growing area of Belmont. With a competitive listing price of $1,046,750, this land represents a solid investment opportunity for those looking to capitalize on the area’s growth. Contact the broker today to learn more about this unique property and how it can work for your development plans.
PROPERTY TAXES
Parcel Number | 220353 | Improvements Assessment | $30,567,560 |
Land Assessment | $0 | Total Assessment | $30,567,560 |
PROPERTY TAXES
zoning
Zoning Code | C1 |
C1 |
Presented by
Wilkinson Blvd & Peach Orchard Rd
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