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1105 Davis St 4.71 Acres of Residential Land Offered at $510,000 in Salisbury, NC 28146

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EXECUTIVE SUMMARY

Two parcels available for a total of +/- 4.71 Acres in a rapidly growing area of Salisbury, surrounded by new construction. The current UR12 zoning allows a maximum density of 12 units per acre, with quadplexes allowed by-right. This is a great site for Build-To-Rent (BTR) or For Sale product.

1105 & 1109 Davis St-Flyer v2

PROPERTY FACTS

Price	$510,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Multifamily Single Family Development
No. Lots	1	Total Lot Size	4.71 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$510,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Single Family Development
Total Lot Size	4.71 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot

Price	$510,000	Lot Size	4.71 AC
Price Per AC	$108,280.25

Price	$510,000
Price Per AC	$108,280.25
Lot Size	4.71 AC

Two parcels for a total of +/- 4.71 Acres. Flat land with water & sewer available. There is a house on each parcel.

ZONING

Zoning Code	UR12 (Urban Residential 12 (UR12) zoning in Salisbury allows for a maximum density of 12 units per acre.)
UR12 (Urban Residential 12 (UR12) zoning in Salisbury allows for a maximum density of 12 units per acre.)