23.7 Acres of Commercial Land for Sale in China Grove, North Carolina
Ketchie Estates Rd, China Grove, NC 28023
Prime Development Opportunity: Approved Site for up to 250 Multi-Family Units Experience the pinnacle of development potential with our premier listing: an unimproved property zoned and approved for the construction of up to 250 multi-family units. Set in the dynamic, expanding community between Kannapolis and Salisbury, this site offers a rare blend of location, entitlements, and construction readiness that savvy multi-family developers will not want to miss. This development opportunity is in the path of the newly reworked exit 65 off of I-85, with the visibility of 74,000 vehicles Average Annual Daily Traffic.
Optimally Positioned:
Nestled between the flourishing cities of Kannapolis and Salisbury, this property is perfectly situated to take advantage of the region's growth.
Average Daily Traffic:
US29 before the intersection 15,000/aadt US 29 North 12,000/aadt Hwy 152 ramp 5,000/aadt I-85 74,000/aadt I-85 off ramps 8,500/aadt
Directions
Take I-85 to Exit 68 in China Grove. At the roundabout, turn onto Ketchie Estates. The property is at the end of the street where the gate is.
Property details
- County
- Rowan County
- Elevation
- 735 feet
- MLS Number
- CMLS 3910611
- Date Listed
Legal description
L 51 J. D. KETCHIE ESTATE
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 17, 2023 | Price decrease | $2,330,000 | $330,000 -12.4% | CMLS |
| Mar 7, 2023 | Price increase | $2,660,000 | $330,000 14.2% | CMLS |
| Oct 4, 2022 | New listing | $2,330,000 | — | CMLS |