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4290 Red Cedar Rd
Gibsonville, NC 27249

$990.00 USD/AC/YR

Land For Lease  •  871,200+ SF

Property Details

  • Property Type Land
  • Zoning Agricultural or MFH*
0 Transit Score
0 Walk Score

1 Space Available

Name Space Use Size Rent Details
Unkwn Floor Ste - 20-45.25 AC $990.00 USD/AC/YR
Agricultural, cellular, or solar leases accepted.  Well located within 20 minutes of major economic engines in growing N/NE Guilford County.  This tract is beautiful with rolling topography for SFH development, agricultural farm, or a land bank opportunity.  Excellent suburban proximity to convenience services, grocery, and leisure activities including public spraygrounds @ Keely Park and Bryan Park Soccer within a 5-10 minute drive.  Designed opportunity zones for development are accessible in under 10 minutes commute time.  For agricultural production, these fields are fertile and have an established history of success with local farming tenants.   Modular and SFH and workforce housing developers should inquire.  Ag use exemption and low tax burden combined with income from agricultural production offer an attractive risk-reward profile.   
This tract offers a prime location to support a portion of the 1100+ employees to be employed by the Publix distro warehouse (construction underway; ETA completion 2022), just under 4 min away.  http://corporate.publix.com/about-publix/newsroom/news-releases/publix-breaks-ground-on-north-carolina-distribution-center.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: None
  • Space Type: Relet

Description

Well located just 2 turns and 4.5 miles north of 1100+/- new jobs stemming from the Publix Regional Distribution and Cold Storage center off Hwy 70.   This parcel benefits from access to major thoroughfares within 5 minutes, delivering easy commutes of under 20 minutes to CBD Greensboro, Elon University, and Burlington!   Future or ready developers can continue to lease to agricultural uses and maintain the agricultural exemption, reducing tax burden as the property appreciates.  The property is within 6 miles of lifestyle amenities to include grocery, banking, and QSR.   Regional economic engines and the convergence of additional major logistics routes that traverse through Greensboro are capturing population and new development of home sites and communities throughout the county.   Great land bank, single-family, modular home or manufactured home community opportunity.

Highlights

Development path + convenience to important economic engines
Agricultural exemption and farm rental income
3 points of ingress/egress

Property Flyers

Public Transportation

AirportDriveWalkDistance
Piedmont Triad International 32 min - 21.8 mi
Chanel Haugh 919-642-3678 Red Shoe Economics
Chanel Haugh 919-642-3678 Red Shoe Economics