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1410 S Morgan St 10.2 Acres of Commercial Land Offered at $2,000,000 in Shelby, NC 28152

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INVESTMENT HIGHLIGHTS

  • Opportunity to develop a residential neighborhood in rapidly growing Shelby, NC in Cleveland County.
  • 0.9 Miles from Shelby High School; 0.5 Miles from Shelby Middle School
  • Just off HWY 74- Convenient to all retailers, restaurants and the Shelby Mall

PROPERTY FACTS

Price $2,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 10.20 AC
Zoning CPD - Commercial Planned Development

1 LOT AVAILABLE

Lot

Price $2,000,000
Price Per AC $196,078.43
Lot Size 10.20 AC

Approved for +/- 94 Townhomes and/or +/- 191 apartments- City of Shelby Water & Sewer Available Acres: +/- 10.2 Jurisdiction: City of Shelby Tax Parcels: 2556018862 Zoning: CPD (Corridor Protection District) Density: 18.81 Units/Acre

DESCRIPTION

Opportunity to develop a residential neighborhood in rapidly growing Shelby, NC in Cleveland County. -0.9 miles from Shelby High School -0.5 miles from Shelby Middle School -Just off Hwy 74-Convenient to all Retailers, Restaurants, and the Shelby Mall Shelby and surrounding areas of Cleveland County have been named as the number one top small town in North Carolina and number nine in the nation by Site Selection Magazine. https://www.shelbystar.com/story/news/2023/03/06/cleveland-county-recognized-for-economic-growth/69964931007/

  • Listing ID: 26844676

  • Date on Market: 10/13/2022

  • Last Updated:

  • Address: 1410 S Morgan St, Shelby, NC 28152

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