1105 Davis St
4.71 Acres of Residential Land Offered at $510,000 in Salisbury, NC 28146
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.
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.
Zoning
UR12 - Urban Residential 12 (UR12) zoning in Salisbury allows for a maximum density of 12 units per acre.
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.
Zoning
UR12 - Urban Residential 12 (UR12) zoning in Salisbury allows for a maximum density of 12 units per acre.
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.