Triad Land Acquisition & Development
- Single-family homes
- Duplex and multi-family dwellings
- Townhome communities
- Condominium/apartment buildings
SCP works with builders across central North Carolina, such as large chain and general contractor home builders. SCP land service includes excavation work as well as installation of roads and utility lines.
In conjunction with our associated construction company, Shamrock Capital Partners (SCP) seeks to acquire land for future sale, construction, and residential lot development in the Triad and Piedmont areas of North Carolina.
Shamrock’s 5 Steps for Land Development
1. Determine Economic Feasibility
Each land development project is an investment. So, we first determine its economic feasibility based on local market demographics, investment costs, and projected return.
2. Establish Acquisition Probability
Next, we field contractor bids to determine a fair project offer price for all parties.
3. Confirm Land Zoning
In this third step, we investigate to determine the highest and best use property type that should be constructed on each parcel: single-family, multi-family, condominiums, townhomes, etc.
During this step, our considerations include the following site opportunities:
- Land design
- Zoning codes
- Stormwater drainage and management
- Erosion and sedimentation control
- Soil testing
- Visual considerations
- Site constraints
- Easements, encroachments, covenants, and rights of way
- Existing utilities
- City ordinances
- Design trends
- And more
4. Secure SCP Funding
Shamrock Capital Partners is a self-funding entity, which serves as a big advantage to our partners. This means we are not encumbered by mounds of paperwork and lengthy decision-making. We are typically able to make investment decisions within a few days—and begin development soon thereafter.
5. Coordinate Initial Development
Once SCP decides to finance a project, grading for roads, curbs, and utilities can quickly begin. And after initial development is complete, lots are then subdivided for builder purchase and construction.
Successful Development Projects
Shamrock Capital Partners sees development as a great way to build community and tie neighborhoods that surround our cities and rural areas. With rapid change, SCP sees opportunities surrounding highway construction and other urban development areas.
Our North Carolina communities are varied and include the following successful development projects:
- Autumn Trace (500+ lots) – Haw River, Alamance County
- Chandler Pointe (500+ lots) – Rural Hall, Forsyth County
Let’s talk about your Real Estate or Land Development Opportunity.
1250 Revolution Mill Drive, Ste. 180
Greensboro, NC 27405
Real Estate Development