Overview

Description

Beautiful 45 acre tract of farmland with agricultural exemption is well located in the development path in NE Guilford County, under 20 minutes to CBD Greensboro, and major economic engines of Cone Health, UNCG, Elon University Law School, Greensboro Bats, A&T University, and Elon University in Burlington. Located just 5 minutes from I-840, with over 1500 feet of road frontage, 3 access points and a bubbling creek along the borders, this piece of picturesque land presents a strong investment opportunity for single family and modular home builders. Agricultural exemption and current agricultural land leases more than cover annual taxes, making a longer-term hold feasible. Proximal amenities of convenience include grocery and fast-casual chains. Just 4.5 miles north of the new Publix distribution and cold storage, delivering 1100+ new jobs in 2023

Highlights

• 5 min to I-840, under 20 min to CBD Greensboro and Elon University in Burlington.
• 1500+ ft of road frontage along Huffine Mill and Huffine Farm Road.
• Agricultural exemption and consistent history of ag leasing minimizes risks during hold
• Opportunity Zone border less than 6 min from the site signals anticipated investment
• Phased takedown possible
• Note - Address updated to 4290 Red Cedar Road, Gibsonville

Documents

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