Discover an exceptional commercial investment opportunity at 1233 Burchette Road in Warrenton, North Carolina. This expansive 42-acre parcel(approx.), strategically positioned just minutes from the scenic Kerr Lake, presents a unique development potential in a sought-after locale.
Key Features:
Strategic Location: Nestled in a prime area, the property offers convenient proximity to Kerr Lake, enhancing its acquisition appeal.
Income-Producing Assets:
Included on the land are two existing properties currently generating revenue, offering an immediate income stream for investors.
Development Potential:
The substantial acreage and favorable location make this site ideal for future development projects, catering to growing demand in the region. Per zoning a special use permit can be filed for Mobile Home Park (MHP). The planning board meets one a month.
This listing represents a rare opportunity to acquire a significant landholding with both immediate income potential and considerable development prospects. Ideal for developers and investors looking to capitalize on the growing appeal of the Warrenton area and its proximity to Kerr Lake.
Property Type :
Residential Income
Subdivision :
Not In A Subdivision
County :
Warren
Style :
Residential Income
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ByOwner last updated this listing 05/07/2024 @ 13:26
MLS: 10012068
LISTED BY: LaPrecious, Chavis in the City Real Estate Inc.
SOURCE: Triangle MLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
