515 Walker Avenue

±71.81-acre Planned Unit Development (PUD) opportunity with concept plans approved by local authorities. The property is positioned for a large-scale, mixed-product residential community designed for phased development with integrated public recreation connectivity. Phase One is planned to back directly to Town of Norlina-owned property, where redevelopment of the municipal pool is anticipated, along with a ball field, pickleball courts, and playground. These town amenities are designed to connect seamlessly into Phase One, enhancing community integration and long-term residential appeal. Phase One includes 8 duplexes, 78 detached single-family homes of varying sizes (some with garages), 65 townhomes, 2 quad-flex units, and 6 multifamily buildings, along with a self-storage facility as an income-producing component. Additional features include an internal roundabout for traffic circulation, a pond with picnic shelter and open-air non-denominational chapel, a workplace/shop building, community center and café, pocket parks, open green space, walking and running trails, sidewalks, and ample parking. Phase Two expands the development with 4 duplexes, 92 detached single-family homes, 48 townhomes, 3 quad-flex units, and 8 multifamily buildings, along with two additional ponds, expanded self-storage, and a dog park. The site offers two primary access points from Walker Avenue, includes existing farm roads and open fields, and features predominantly flat topography across approximately 71.81 acres. City water and sewer are available to service the development, and per GIS, none of the property lies within a flood zone. The PUD concept has been approved by local authorities, providing a structured framework for phased residential development with diverse product types and integrated community amenities. Property is in the ETJ. NOTE: Public water and sewer may have to be run to the property at the developer's expense. Check with the Town. NOTE: Lot lines on pictures are not survey lines. They are only estimates based on public data.