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Investment Highlights

  • Charlotte MSA Growth Corridor — 30 miles from Uptown Charlotte in a metro adding ~224,000 residents by 2027; nearby 150- and 650-home rezonings confir
  • Established Demand Drivers — Across from Iron Station Elementary and adjacent to The Timken Company, a top-6 area employer with nearly 300 jobs
  • Prime NC-27 Frontage — Direct highway frontage in Iron Station with public water access already at the road, reducing early infrastructure lift
  • By-Right Plus Upside — R-T zoning delivers ~7–8 lots by-right today, with a negotiable path to a higher-yield conservation subdivision via assemblage

Executive Summary

Marcus & Millichap is pleased to present 4148 NC-27, an approximately 8.2-acre residential development opportunity positioned along one of eastern Lincoln County's primary growth corridors in the booming Charlotte MSA. Iron Station sits roughly 30 miles northwest of Uptown Charlotte and has increasingly become a bedroom community absorbing overflow demand as the metro's 2.7 million residents push outward. The surrounding market has already validated large-scale residential investment — nearby rezonings for 150- and 650-home communities underscore builder confidence in this corridor. With direct NC-27 frontage, public water at the road, R-T zoning supporting immediate by-right development, and proximity to an established employer base anchored by The Timken Company, this site offers a rare entry point into one of Charlotte's fastest-growing outer-ring submarkets — with further upside for a buyer able to negotiate assemblage toward a higher-yield conservation subdivision layout.

Property Facts

Price $721,484 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Single Family Development
  • Single Family Residence
Total Lot Size 8.20 AC
Zoning R-T - Single-family residential development at 0.75-acre minimum lots, serving as a transition between rural and higher-density residential areas

1 Lot Available

Lot

Price $721,484 CAD
Price Per AC $87,985.90 CAD
Lot Size 8.20 AC
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 28277
  • 23326
  • 28149
Land Assessment
$202,300 CAD
Improvements Assessment
$461,620 CAD
Total Assessment
$663,920 CAD
  • Listing ID: 41857960

  • Date on Market: 2026-08-24

  • Last Updated:

  • Address: 4148 E Highway 27, Iron Station, NC 28080

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