1
  • Property Type
  • Lot, Land

1047 Pennington Road, Albemarle, North Carolina 28001

  • $2,000,000

Description

Prime residential development property, city water, city sewer, city power all confirmed with capacity. Zoning is already correct for approximately 185 building lots, city of Albemarle has confirmed neighborhood will be approved as long as design meets ordinance which is obvious for any development. You do not need to go before city council for approval and a long entitlement process. The planning dept has 14 days to approve preliminary and make comment and then the city has 14 days to approve final. 28 days total involved from city when timed with monthly planning board meeting. There are no flood plains, endangered species, etc and if you want to work with the existing terrain then geo technical is simple. Absorb Charlotte.

  • Address: 1047 Pennington Road
  • City: Albemarle
  • State/county: NC
  • Zip/Postal Code: 28001
  • Area: Pennington Place

Details

Updated on July 3, 2026 at 4:46 pm
  • Property ID 4400336
  • Price $2,000,000
  • Property Type Lot, Land
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash, Conventional, FHA, VA Loan
  • Sewer Public Sewer
  • County Stanly
  • Property Type Land
  • Elementary School Central
  • Middle School Albemarle
  • High School Albemarle
  • Waterfront None

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Contact Information

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The Simpson Group Realty
  • The Simpson Group Realty

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