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Sarah Merriman

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  • Office 828-595-9071
  • Cell 828-606-6150
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11025 Reed Mine Rd, Locust, NC – $25,900,000

  • $25.9M Price
  • 2,200 Sqft
  • 430 Acres
  • 28 DOM
  • $25.9M Price
  • 2,200 Sqft
  • 430 Acres
  • 28 DOM

11025 Reed Mine Rd

DEVELOPMENT OPPORTUNITY in the growing city of Locust, NC. Only 25 minutes from center city Charlotte, NC. The Villages At Red Bridge is an existing Golf Course community with one neighborhood already in place with homes currently under construction. There are an agreed to 1042 units that can be constructed with the city and the rights to sewer capacity for these units. Single Family homes, patio homes and condos or duplexes. Future development will require roads and underground utilities to be continued throughout the property. This is a large project for the right developer. The sale will consist of Approximately 230 +/- Acres of buildable space and the 180 +/- acre golf course. The course has been running for close to 10 years, is managed by a company and is profitable. There are still an available 40 +/- lots that are already complete with street and utilities in the current Glenwood Neighborhood that could also be discussed in addition to the current offer. Possible partnering.

Essential Information

  • MLS® #3460000
  • Price$25,900,000
  • Square Footage2,200
  • Acres430.00
  • TypeLots/Acres/Farms
  • Sub-TypeAcreage
  • StatusActive

Community Information

  • Address11025 Reed Mine Rd
  • CityLocust
  • CountyCabarrus
  • StateNC
  • Zip Code28097

Exterior

Lot Description

Open/Cleared, Pond/Land Site, Wooded, On Golf Course, Pasture

School Information

  • ElementaryUnknown
  • MiddleUnknown
  • HighUnknown

Additional Information

  • Days on Market28
  • ZoningOPS
  • HOA Fees0.00

Listing Details

  • OfficeLandvestors Group, LLC
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Landvestors Group, LLC.

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Listing information last updated on January 19th, 2019 at 2:28pm EST.