Description
28 entitled lots with approved development plans for Pine Hollow, a planned Build-to-Rent community in Albemarle, NC. Designed for detached homes averaging 1, 500–1, 700 SF, each with 2-car garages and private yards. Sample floor plans are included and may be utilized, modified, or replaced by purchaser. The community features a low-density layout with internal streets, natural buffers, and a product type positioned to meet growing demand for single-family rental housing. Projected rents of approximately $1, 600–$1, 750 per month for 3-bedroom homes provide an attractive foundation for long-term cash flow and value creation. Ideal opportunity for builders, developers, family offices, and Build-to-Rent operators seeking a shovel-ready project with flexible execution and exit strategies, including build-to-hold, refinance, or portfolio disposition. Seller is an experienced general contractor and will consider providing horizontal development management and/or turnkey construction services under separate agreement.
Address
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Address: 00 Johnson Street
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City: Albemarle
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State/county: NC
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Zip/Postal Code: 28001
Details
Updated on June 9, 2026 at 5:40 pm-
Property ID 4391537
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Price $509,900
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Property Type Acreage, Land
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Construction Perm Loan, Conventional, Exchange, Private
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Sewer Other - See Remarks
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County Stanly
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Property Type Land
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Elementary School Unspecified
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Middle School Unspecified
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High School Unspecified
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Contact Information
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