3
  • Property Type
  • Acreage, Land

00 Johnson Street, Albemarle, North Carolina 28001

  • $509,900

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: 00 Johnson Street
  • City: Albemarle
  • State/county: NC
  • Zip/Postal Code: 28001

Details

Updated on June 9, 2026 at 5:40 pm
  • Property ID 4391537
  • Price $509,900
  • Property Type Acreage, Land
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash, Construction Perm Loan, Conventional, Exchange, Private
  • Sewer Other - See Remarks
  • County Stanly
  • Property Type Land
  • Elementary School Unspecified
  • Middle School Unspecified
  • High School Unspecified

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Contact Information

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The Simpson Group Realty
  • The Simpson Group Realty

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