515 Walker Ave
Norlina, NC 27563

Sales Notes

±71.81-acre Planned Unit Development (PUD) opportunity with concept plans approved by local authorities. The property is designed as a large-scale, mixed-product residential community with phased development and integrated public-recreation connectivity.

*** Phase One (Adjacent to Town of Norlina Property) *** 

Phase One is designed to back directly to Town of Norlina-owned land, where redevelopment of the municipal pool is anticipated. The town-owned property would also include the ball field, pickleball courts, and playground, creating a seamless transition between the private residential development and public recreational amenities.

Phase One includes: 

- 8 duplexes

- 78 detached single-family homes (varied sizes, some with garages)

- 65 townhomes

- 2 quad-flex units

- 6 multifamily buildings

- Self-storage facility (income-producing component)

- Internal roundabout for traffic circulation

- Pond with picnic shelter and open-air non-denominational chapel

- Workplace/shop building

- Community center and café

- Pocket parks and open green space

- Walking and running trails

- Sidewalk infrastructure and ample parking

The adjacency to planned municipal amenities enhances long-term community appeal and reduces the need to privately construct certain large-scale recreational components within Phase One.

*** Phase Two ***

Phase Two expands the residential footprint and amenity structure, including:

- 4 duplexes

- 92 detached single-family homes

- 48 townhomes

- 3 quad-flex units

- 8 multifamily buildings

- Two additional ponds

- Expanded self-storage component

- Dog park

- Site & Infrastructure

*** Total acreage: ±71.81 acres ***

- Two primary access points from Walker Avenue, with the southern entrance being approximately 215 feet and the northern entrance approximately 405 feet, per GIS.

- Existing internal farm roads and open fields

- Predominantly flat topography

- City water and sewer available

- No flood zone per GIS

The PUD concept has been approved by local authorities.

This offering presents a rare opportunity to control a large, concept-approved residential tract with phased density, diversified housing types, and integrated municipal recreation adjacency — positioned for long-term value creation and community-scale development.

NOTE: Public water and sewer may have to be run to the property at the developer's expense. Check with the Town.

NOTE: Lot lines on pictures are not survey lines. They are only estimates based on public data.