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Investment Highlights
- Approved site plan for 52 single-family homes.
- Outside the 100-year floodplain
- City water and electricity available; septic approved.
- Current income from mobile homes and annual farm lease.
Executive Summary
Discover a rare opportunity to acquire ±87.11 acres of residential development land ideally positioned just minutes from Broadway in Lee County. The property has preliminary approvals for 52 single-family homes on approximately one-acre lots, allowing developers to move quickly into project execution.
Featuring two scenic ponds, open pastures, and forested buffers, this community will offer the ideal balance of privacy, natural beauty, and accessibility.
Featuring two scenic ponds, open pastures, and forested buffers, this community will offer the ideal balance of privacy, natural beauty, and accessibility.
Property Facts
| Price | $3,084,450 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 87.11 AC |
| Property Type | Land | ||
| Zoning | RESIDENTIA - RA | ||
| Price | $3,084,450 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 87.11 AC |
| Zoning | RESIDENTIA - RA |
1 Lot Available
Lot
| Price | $3,084,450 CAD | Lot Size | 87.11 AC |
| Price Per AC | $35,408.68 CAD |
| Price | $3,084,450 CAD |
| Price Per AC | $35,408.68 CAD |
| Lot Size | 87.11 AC |
Premier Residential Land Opportunity Minutes from Broadway and Sanford
Description
Located near major transportation corridors and within commuting distance of the Triangle, the site is perfectly positioned to capitalize on continued residential growth in the Sanford area. Thoughtfully designed to maximize development potential while complementing the site's natural topography and wooded areas.
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
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577 Thomas Kelly Rd
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