Opportunity Zone- Industrial Park Development
68 Acres of Industrial Land Offered at $3,196,000 USD in Newton, NC 28658
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,196,000
- Property Type
-
Land, Industrial
Listing Contacts
Leah Parker, SIOR
Verified Profile
Billy Spain
Verified Profile
- Property Info
Property Overview
A 68 acre site, currently comprised of 6 lots, zoned for an industrial park, heavy manufacturing, warehousing, logistics, industrial outdoor storage, flex space, and more. Proposed for Phase 1 of a 3 Phase development, all acreage is available for purchase, or subdivided lots. The property has previously been cleared and has regrowth. A utility easement is on the property with Duke Energy and has two sewer line taps in proximity to the western and southern areas.
PD-IP DESCRIPTION FROM CITY OF NEWTON WEBSITE
Such districts are defined as planned development districts for establishment of complementary groupings of related manufacturing, processing, assembly, research activities and related uses. It is the intent of these regulations to provide for development of such districts as locations appropriate in terms of the adopted land development plan and in accord with standards Minimum area required for establishment of district; access requirements. No such district shall be established with a land area of less than two acres, with width and depth adequate for the plan proposed but with at least 200 feet of frontage on an arterial or collector street.
Permitted principal and accessory uses and structures and permissible special uses. Permitted principal and accessory uses and structures and permissible special uses with the exception of junkyards shall be the same as those used allowed in the M-1 and EM-1 zoning districts according to article IV of this chapter. For the PD-IP districts only, permissible special uses shall be considered uses by right and shall not require a public hearing or approval by either the city council or board of adjustment as may be applicable to any particular special use as indicated in article IV of this chapter
- From the Code of Ordinances Sec. 102-509
PD-IP DESCRIPTION FROM CITY OF NEWTON WEBSITE
Such districts are defined as planned development districts for establishment of complementary groupings of related manufacturing, processing, assembly, research activities and related uses. It is the intent of these regulations to provide for development of such districts as locations appropriate in terms of the adopted land development plan and in accord with standards Minimum area required for establishment of district; access requirements. No such district shall be established with a land area of less than two acres, with width and depth adequate for the plan proposed but with at least 200 feet of frontage on an arterial or collector street.
Permitted principal and accessory uses and structures and permissible special uses. Permitted principal and accessory uses and structures and permissible special uses with the exception of junkyards shall be the same as those used allowed in the M-1 and EM-1 zoning districts according to article IV of this chapter. For the PD-IP districts only, permissible special uses shall be considered uses by right and shall not require a public hearing or approval by either the city council or board of adjustment as may be applicable to any particular special use as indicated in article IV of this chapter
- From the Code of Ordinances Sec. 102-509
Highlights
- OPPORTUNITY ZONE
- Minutes from I-40, I-77 and Rte. 16 (30+ minutes NW of Charlotte, NC)
- Owner is open to Joint Venture, Developer Partnership
- Cold Storage, Data Center, Warehousing, Logistics, and more
- Tenant inquiries for Build-to-suit from 12k to 75k sq ft.
- Paved road with multiple access points and potential RAIL SPUR
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