Excellent opportunity to develop high-density housing in the desirable area of China Grove. The RM zoning permits up to 18 units per acre. The property has undergone significant preparation, with tree removal and debris clearance completed on approximately 90% of the site. Public water is located about 400 feet away, while public sewer is approximately half a mile distant and appears to be at a lower elevation, facilitating gravity access. This land is conveniently situated just one mile from I-85 and the new Macy warehouse facility, which spans 1.3 million square feet and is expected to employ around 2,800 individuals. This presents a prime opportunity to construct much-needed housing for those seeking proximity to their workplace and the amenities of Rowan County. Additionally, the property is only 400 feet from Highway 29, and much of the preliminary groundwork has already been accomplished.
Property Details
Property Features
Listing Office:
Office Name: Allen Tate Lake Norman
Office Email: jerry.gardner@allentate.com
Exterior Features
Exterior Information:
Waterfront: None
Other
Directions Information:
Directions: Highway 29 North to right on John Street to Left on Mary St
Price Information
Listing Price Info
Price Summary:
List Price: $1,300,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in China Grove, NC.
This property is $995K more than the Median Sold Price in China Grove, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4170134
Listing Office:
Office Name: Allen Tate Lake Norman
Office Email: jerry.gardner@allentate.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,556
Per Month
Principal & Interest
$6,489
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,964
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
China Grove Elementary School
514 S Franklin St
Distance between this listing and this school0.86 miles
Public District Grades PK-5
5
/10
Landis Elementary School
801 W Ryder Ave
Distance between this listing and this school2.61 miles
Public District Grades PK-5
5
/10
Bostian Elementary School
4245 Old Beatty Ford Rd
Distance between this listing and this school3.01 miles
Public District Grades PK-5
Nearby Schools
2
/10
China Grove Middle School
1013 N Main St
Distance between this listing and this school1.28 miles
Public District Grades 6-8
2
/10
Corriher Lipe Middle School
214 W Rice St
Distance between this listing and this school2.45 miles
Public District Grades 6-8
2
/10
Southeast Middle School
1570 Peeler Rd
Distance between this listing and this school5.00 miles
Public District Grades 6-8
Nearby Schools
4
/10
Jesse Carson High School
290 Kress Venture Rd
Distance between this listing and this school1.62 miles
Public District Grades 9-12
2
/10
South Rowan High School
1655 Patterson St
Distance between this listing and this school2.24 miles
Public District Grades 9-12
2
/10
A. L. Brown High School
415 Martin Luther King Jr Ave
Distance between this listing and this school5.00 miles
The neighbors living near this home have an average income of $63,820. Most China Grove, NC residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Mary St
What is the listing price of this property?
The listing price of 0 Mary St property is $1,300,000.
What type of property is this?
The property 0 Mary St is land located in China Grove, North Carolina, 28023.
Is this property for sale now?
Active Listing: 0 Mary St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Mary St in China Grove, NC and zip code 28023. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $1,300,000.
While more than 6 listings in China Grove, NC in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 10 were sold below. Between September 2024 and October 2024, China Grove, NC real estate market has seen increase in the number of listings by 7.2%. In October 2024 median list price was $305,000 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.