Unlock a rare infill development opportunity in the growing town of Chadbourn, NC. This 2-acre RMST-zoned parcel is being split into 10 build-ready residential lots, making it a perfect project for builders, developers, and portfolio investors.
Delivered As-Is for Just $80,000 β Only $8,000 Per Lot.
Survey and site planning are in progress, infrastructure is nearby, and zoning already supports strong density options.
π Prime Location
Situated in a high-growth corridor with convenient access to recreation, beaches, schools, and major roads.
- 30 minutes from Lake Waccamaw (boating, fishing, lifestyle amenities)
- 1 hour from Wilmington beaches (tourism + coastal living demand)
- Just 2 minutes from Hwy 76 with easy I-74 connections
- Walkable to downtown Chadbourn, including town hall, parks & schools
π Zoning: RMST β Residential Main Street Transition
This flexible zoning unlocks multiple development paths:
- Up to 7 units/acre for detached homes (β14 units possible)
- Up to 16 units/acre for attached units (β32 townhomes/duplex units possible)
- Minimum lot size: 5,000 sq ft
- Build single-family homes, townhomes, duplexes, or multi-family β or keep the clean 10-lot subdivision as-is.
π₯ Ideal For
- Builders seeking affordable infill opportunities
- Developers targeting townhome or duplex projects
- Build-to-rent investors growing their rental portfolios
- Land flippers wanting subdivided exit strategies
π° Investment Snapshot
- $80,000 total purchase price
- Approx. $40K/acre (other comps: $50Kβ$90K/acre)
- Similar individual lots in town list for $19Kβ$30K each
- Strong upside as approvals are already underway
This is a high-margin acquisition in a market with proven demand.
π Ready to Make an Offer?
Weβre looking for one qualified builder to secure this opportunity.
β‘οΈ Contact Us Today to submit your offer and move toward closing.
(919) 944-7248Β |Β coxpropertyinvestment@gmail.com