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NC-42 at Cape Fear River - Moncure Land 37.83 Acres of Residential Land in Moncure, NC 27559
Investment Highlights
- Prime ~38-Acre High-Utility Site: NC-42 Frontage: Exceptional visibility and high-traffic exposure with direct access to the main corridor.
- 100% Outside Floodplain: Rare ~38-acre river-adjacent assemblage that remains "High and Dry" for development.
- Strategic TIP Proximity: Minutes from the Triangle Innovation Point, positioning this site at the center of the region's economic growth.
- Recreational Advantage: Ideally located near the Cape Fear River with immediate proximity to the public boat ramp.
- Industrial Power Capacity: Advantageous proximity to the power plant for heavy loads; existing water and gas infrastructure available.
Executive Summary
Positioned in the heart of the Moncure-Haywood Economic Development Center, this ~38-acre assemblage (Parcels 5187, 5188, 5192) offers a premier opportunity for a high-impact project. Boasting significant frontage on NC-42 and immediate proximity to the Triangle Innovation Point, the property is uniquely situated to capture the massive industrial and residential growth of the Raleigh-Durham outskirts.
Key Investment Highlights:
Flood-Free Site: Entirely located outside of the 100-year floodplain, ensuring lower insurance costs, simplified permitting, and maximum buildable area.
High-Capacity Power: Located adjacent to the power plant infrastructure, providing a significant advantage for projects with heavy power demands (data centers, manufacturing, or EV-related industry).
Strategic Infrastructure: Existing access to gas and water, combined with level topography, makes this a "shovel-ready" candidate for development.
Development Potential & Allowed Uses
Currently zoned R-5 (Residential), the site is designated within the county’s long-term growth plan as an economic hub.
Permitted Uses (Current R-5):
Single-family detached dwellings
Two-family dwellings (duplexes)
Public/Civic uses (Schools, Churches, Community Centers)
Agricultural and conservation activities
Investment Upside (Rezoning Potential):
Given its location near the Cape Fear River and the massive Triangle Innovation Hub, this site is a prime candidate for rezoning to higher-intensity uses. The Plan Moncure framework supports the transition of this corridor into Light Industrial (IL) or Neighborhood Business (NB) to support the 20,000+ jobs projected for the nearby tech and EV manufacturing sector.
Why This Version Works:
The Floodplain Showcase: I've added a specific header and bullet point for being outside the floodplain. This is a massive selling point for developers because it means no "wasted" land or complex mitigation.
Zoning Clarity: By listing both the current "by-right" uses and the rezoning potential, you appeal to both conservative residential developers and high-risk/high-reward industrial investors.
Local Context: Mentioning "Plan Moncure" and the "Economic Development Center" shows that the county is already looking for this land to be used for more than just 38 acres of single-family homes.
Property Facts
1 Lot Available
Lot
| Lot Size | 37.83 AC |
| Lot Size | 37.83 AC |
~38-acre development site (Parcels 5187, 5188, 5192) featuring level topography and 100% outside the 100-year floodplain. High-capacity power/utilities available. Prime location on NC-42 near Triangle Innovation Point & Cape Fear River.
Description
38-Acre Strategic Development Opportunity – 100% Outside Floodplain Positioned in the rapidly expanding Moncure-Haywood Economic Development Center, this ~38-acre assemblage (Parcels 5187, 5188, 5192) represents a premier investment opportunity in North Carolina’s most watched industrial corridor. This site is uniquely qualified for high-impact development, offering a rare combination of scale, utility infrastructure, and a "high and dry" footprint. Development Highlights: Zero Floodplain Impact: The property is entirely situated outside the 100-year floodplain, providing maximum buildable acreage and a streamlined permitting process for investors and engineers. Exceptional Power & Utilities: Located in immediate proximity to the local power plant infrastructure, this site is ideal for users with heavy power requirements. Existing access to gas and water further enhances its "shovel-ready" potential. Level Topography: The land features a predominantly level, raw landscape, significantly reducing site preparation and grading costs. Strategic Location: The property boasts excellent frontage on NC-42 and sits just minutes from the Triangle Innovation Point (TIP), the future home of multi-billion dollar manufacturing and tech investments. Additionally, its proximity to the Cape Fear River and a public boat ramp provides a unique recreational value-add for residential or mixed-use concepts. Zoning & Future Use: Currently zoned R-5 (Residential), the property is a prime candidate for residential development or a strategic rezoning to Light Industrial or Neighborhood Business, aligned with the Plan Moncure growth framework. As the region prepares for 20,000+ new jobs, this site is perfectly positioned to serve the resulting demand for housing, services, or industrial support.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $274,462 CAD | Total Assessment | $274,462 CAD |
Property Taxes
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NC-42 at Cape Fear River - Moncure Land
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