These four contiguous tracts offer a residential developer the opportunity to go into a well established neighborhood and create a new, small development with less risk and investment than starting a new development from scratch. Perfect for homes in the $125,000 – 200,000+ range. Development could produce 10 – 20+ developed lots. Water is available at the property; sewer line is across Hwy 78.
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Research Parcel InformationFrom the intersection of US Highway 1 and NC Highway 78 at Tramway, travel south about ¼ mile to first left onto Bryan Dr. Take first left onto Pegg St. Go to the end of Pegg St. Property is directly across the road. There is a 60 foot easement between the old feed mill to the left and the house to the right. Land lies behind the houses along Cheshire Drive, down to the water tower. Look for sign.