44855 Highway 740, New London, NC 28127
61.72 Acres of Residential Land Offered at $3,150,000 USD in New London, NC 28127
For Sale
Active
Asking Price $3,150,000
- Sale Condition
- 1031 Exchange
- Property Type
-
Land
- Square Feet
- 2,688,523 SF
Listing Contacts
Lee Allen
Property Overview
44855 Highway 740, New London, North Carolina, is a prime 61.72-acre lot fully entitled for R-15 single-family residences an hour’s drive from Charlotte, Greensboro, and Winston-Salem. The property is raw, undeveloped land approved for 65 lots with access to water and sewer. Population growth in nearby markets has continued to follow job growth, making it an excellent opportunity for investors and builders to add much-needed housing inventory.
44855 Highway 740, located right off NC-8 and Highway 52, makes it easy for commuters to get to Charlotte, Greensboro, Winston-Salem, Concord, Salisbury, Albemarle, and more. The property's central location also puts it near various demand drivers such as Badin Lake, Lake Tillery, Pfeiffer University, and Gray Stone Day School. New London sits between Albemarle and Richfield along Highway 52 in the southern Piedmont region of the state, approximately 45 miles from Charlotte. 44855 Highway 740 is primed for single-family residence development in one of the region’s most advantageous and thriving areas.
44855 Highway 740, located right off NC-8 and Highway 52, makes it easy for commuters to get to Charlotte, Greensboro, Winston-Salem, Concord, Salisbury, Albemarle, and more. The property's central location also puts it near various demand drivers such as Badin Lake, Lake Tillery, Pfeiffer University, and Gray Stone Day School. New London sits between Albemarle and Richfield along Highway 52 in the southern Piedmont region of the state, approximately 45 miles from Charlotte. 44855 Highway 740 is primed for single-family residence development in one of the region’s most advantageous and thriving areas.
Property Details
- Property Subtype
- Residential/Multifamily
Highlights
- Prime 61.72-acre lot fully entitled for single-family residences, approved for 65 lots an hour’s drive from Charlotte with access to water and sewer.
- Population growth in nearby markets has continued to follow job growth, making it an excellent opportunity for investors and builders.
- Located right off NC-8 and Highway 52, making it easy for commuters to get to Charlotte, Greensboro, Winston-Salem, Salisbury, Albemarle, and more.
- Near various demand drivers such as Badin Lake, Lake Tillery, Pfeiffer University, and Gray Stone Day School.
All available spaces
- Space
- Lot 1
- Size
- 2,688,523 SF
- Price
- $3,150,000
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