425 Mimosa Street
Residential Development Opportunity | ±10 Acres with Nearby Water & Sewer Access
Marketing description
±10 Acres | Builder & Residential Development Opportunity | Cleveland, NC
Position your next residential development project in one of the fastest-growing corridors outside the greater Charlotte market. This approximately ±10-acre assemblage at 425 Mimosa St in Cleveland, North Carolina offers the type of usable land, infrastructure positioning, and regional accessibility that small builders and residential developers are actively searching for.
The property features primarily flat topography with partly cleared sections, making it well-suited for a small subdivision, spec-home development, custom home community, or long-term residential land investment. A private drive is already in place, helping reduce upfront site preparation considerations for future development planning.
One of the strongest advantages of this site is the nearby access to city water and sewer infrastructure — an increasingly difficult feature to find at this price point within commuting reach of the Charlotte metro area.
Located just off Statesville Blvd / US Highway 70 with quick access to Interstate 40 and Interstate 77, the property provides convenient connectivity to Salisbury, Statesville, Mooresville, and the greater Charlotte region. As affordability pressures continue pushing buyers outside Charlotte proper, emerging areas like Cleveland, NC are seeing increasing demand for new construction housing and attainable residential development opportunities.
Key Highlights:
• Approx. ±10 Acres
• Residential Development Opportunity
• Ideal for Small Builders & Spec-Home Projects
• Mostly Flat, Usable Land
• Partially Cleared
• Private Drive Already Installed
• Nearby Water & Sewer Access
• Easy Access to Hwy 70, I-40 & I-77
• Positioned Within Charlotte Growth Path
• Suitable for Custom Homes, Spec Homes, or Small Subdivision Development
Residential land opportunities with usable acreage and infrastructure positioning are becoming increasingly limited throughout the Charlotte expansion markets. Builders and developers looking to secure future inventory in a growing corridor should take a close look at this opportunity.
Buyer to verify all zoning, utility access, subdivision potential, and development suitability.
Investment highlights
Residential Development Opportunity | ±10 Acres With Water & Sewer Access | Positioned in Charlotte Growth Corridor
INVESTMENT HIGHLIGHTS
• Approx. ±10 Acres of Residential Development Land
Primarily flat and usable acreage suitable for small subdivision development, spec-home construction, or custom home projects.
• Builder-Focused Opportunity
Ideal for small builders, regional developers, and investors seeking future housing inventory within reach of the Charlotte metro area.
• Nearby Water & Sewer Infrastructure
425 Mimosa St provides strategic proximity to city water and sewer access — an increasingly valuable advantage for residential development projects.
• Reduced Site Preparation Potential
Partially cleared land and an existing private drive may help reduce portions of upfront development and access costs.
• Strategic Regional Accessibility
Conveniently located near US Highway 70 / Statesville Blvd with quick connectivity to Interstate 40 and Interstate 77.
• Positioned Within Charlotte Expansion Path
As affordability continues pushing buyers beyond Charlotte, surrounding markets like Cleveland, Salisbury, Statesville, and Mooresville are experiencing increased residential growth pressure.
• Residential Demand Drivers Nearby
Located within commuting reach of major employment and growth corridors throughout the greater Charlotte region.
• Flexible Residential Potential
Potential uses may include spec homes, custom homes, small builder subdivision projects, or long-term residential land hold opportunities. Buyer to verify zoning and development suitability.
• Increasingly Limited Product Type
Usable acreage with infrastructure positioning is becoming more difficult to secure throughout Charlotte’s expanding residential development corridors.
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