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Investment Highlights
- Single Family Development Opportunity
- Water and sewer approved!
Executive Summary
Kannapolis currently has a 5-year backlog for approval. Excellent opportunity for builders and investors to develop a 20-home residential community on 4.67 acres of approved land. The site offers ample acreage to design a thoughtfully planned neighborhood with strong market appeal. Its size and zoning potential make it ideal for single-family homes or a small-scale residential community, meeting the growing demand for new housing. A rare chance to secure development-ready land with clear upside and flexible design potential. All plans are proposed and have been reviewed by the city. Final approval is still required in order to move forward with necessary water and sewer connections. The current owners are working through this process with the city.
Property Facts
| Price | $1,267,632 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.67 AC |
| Property Type | Land | ||
| Zoning | R8 - R8 | ||
| Price | $1,267,632 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.67 AC |
| Zoning | R8 - R8 |
1 Lot Available
Lot
| Price | $1,267,632 CAD | Lot Size | 4.67 AC |
| Price Per AC | $271,441.55 CAD |
| Price | $1,267,632 CAD |
| Price Per AC | $271,441.55 CAD |
| Lot Size | 4.67 AC |
Water and sewer approved!
Description
Its size and zoning potential make it ideal for single-family homes or a small-scale residential community, meeting the growing demand for new housing. A rare chance to secure development-ready land with clear upside and flexible design potential.
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Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 159-117 | Improvements Assessment | $0 CAD |
| Land Assessment | $103,443 CAD | Total Assessment | $103,443 CAD |
Property Taxes
Parcel Number
159-117
Land Assessment
$103,443 CAD
Improvements Assessment
$0 CAD
Total Assessment
$103,443 CAD
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403 Alpine St
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