Residential Land For Sale

Picture of Residential Land For Sale in Davidson, North Carolina, United States

$895,000

619 Eastway St
Davidson, North Carolina, United States

Listed By: Realtyww Info

Listed On: 06/05/2023

Listing ID: GL10250691 View More Details

Description

This parcel has great potential for a number of different scenarios. Current home can be renovated/enlarged and an accessory dwelling could be added in the rear. Highest and best use at this price level likely necessitates a tear down of current home for a 2 lot subdivision. The property faces on Eastway Street and shares a corner with Pinecrest Street. The linear footage of 168' on Eastway and 148' on Pinecrest should allow subdivision w/ no alley requirements. All future plans should be discussed with the Town of Davidson Planning Department to make certain of their rulings. There is not a property survey, but there is the original plat map for the Thompson Development and we based our figures on 0.524 acres. Comparable sales analysis is in the attachments for several recent sales in a 2 block vicinity. This parcel is located in the Davidson Village Infill Planning Area and Yellow Overlay District. Please the attachments for guidelines and FAR Calcualtions - quick summary in agent remarks.

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Listed by: Keller Williams Lake Norman