This retail land for sale, situated on the northwest corner of Wilkinson Boulevard and Peach Orchard Road in Belmont, NC, offers a prime opportunity for commercial development. With ±2.65 acres of land, the property is located at a signalized intersection, providing excellent visibility and easy access for both local traffic and regional commuters traveling along Highway 74.
The land is adjacent to the South Fork Village Apartments, offering direct access to a growing residential community, which enhances the property’s value for retail or service-based businesses. The location is strategically positioned to serve the increasing population in the area, with a projected population of over 93,600 within 5 miles by 2027. The area is also experiencing consistent growth, with a median household income of $85,140 within a 3-mile radius, demonstrating the area's economic potential for retail developments.
This property is zoned CZ (Conditional Zoning), providing flexibility for a variety of commercial and retail uses, including restaurants, convenience stores, or larger retail centers. The high traffic volume and easy accessibility make it an ideal site for businesses looking to capture both local and regional customers.
In addition to the excellent location and demographics, the property’s proximity to major roadways, including Highway 74, ensures that it will remain a highly visible and accessible site for years to come. Whether you’re a developer looking to create a retail center or a business seeking a strategic location to establish a presence, this property offers an exceptional opportunity in a rapidly growing area of Belmont.
With a competitive listing price of $1,046,750, this land represents a solid investment opportunity for those looking to capitalize on the area’s growth. Contact the broker today to learn more about this unique property and how it can work for your development plans.