12000 Reed Mine Rd Midland, NC 28107

Listing details for 12000 Reed Mine Rd, Midland, NC 28107 : Seller and Buyer Mutually Agreed to Substantially Reduce the Price for a Quick Close Avoiding a Much Longer Due Diligence than Expected by All Parties. Tremendous opportunity in this expanding and convenient location of Cabarrus County with easy access to all main corridors and interstates. It is a very favorable tract for buyers with a 1031 Exchange or interested in investigating possibilities of developing property for residential use either for a subdivision or subdividing into large tracts. Open Space District: Medium Density. Min Lot requirement is 30,000 SF with One (1) house/ac. Water distribution provided by Stanley County. City of Locust provides sanitary sewer service. Soil conditions in the area are generally known for red clay with a mixture of rock. Zoning defaults to Locust Land Dev. Power source is Duke Energy. Property is only 1/4 mile from NC 24/NC 27 and all essentials including Walmart, McDonald's & public golf w/in a one mile reach. Owned by NC R/E Broker.