201 Belmont Club Way, Rocky Mount, NC 27804

On behalf of Foundry Commercial, we are pleased to present a unique offering for sale featuring 1,116 gross acres of land located within the Belmont Lake Preserve master-planned development and golf course community in Rocky Mount, North Carolina. The property is entitled for a maximum of 6 residential units per acre up to 8,000 total units.

The offering consists of roughly 1,116 acres of the 1,400-acre Belmont Lake Preserve master-planned development and golf course community. Belmont Lake Preserve features a wide range of lot sizes ranging from 20' to 258' providing an opportunity for a mix of final housing types. Home sales within Belmont Lake Preserve range from the $400,000's with lot prices starting at $27,500 for non-golf course lots and $75,000 for on-course lots. To date, over 290 homes have been completed in addition to an amenity center, pool, 18-hole golf course, pro shop, restaurant, and maintenance facility.

The Belmont Lake Preserve Conditional-Use Development Plan features a favorable zoning with entitlements that allow for a residential density not to exceed six units per acre. Thus, this offering is a generational investment opportunity which provides a developer the flexibility and opportunity to build over 8,000 residential units, as well as a broad range of commercial uses within a proven master-planned golf course community and a growing market.