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- LoopNet Team
1981 Jamestown Rd
Morganton, NC 28655
Land For Sale
·
47.34 AC
Investment Highlights
- Property has a previously approved subdivision plan. SIte is located 2 miles from industrial park.
- Frontage on Jamestown Rd.
Property Facts
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Commercial | Total Lot Size | 47.34 AC |
| Zoning | R-4 - Residential | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 47.34 AC |
| Zoning | R-4 - Residential |
Description
Approximately 47.34 acres that is ready for development. Located at the intersections of Interstate 40, Causby Road and Jamestown Road this property rolls beautifully and has long range views. Through a developer the tract was recently approved for a 50 unit housing development with survey, soil evaluation, wetland delineation, Biological evaluation for the effect determination of threatened and endangered species, phase 1 ESA, market study , title search and water service commitment and has been approved by Burke County. The Buyer terminated because of funding issues just days before closing at no fault of the property. This leaves a great opportunity for a new developer/builder.The success of this property becoming residential is a priority of local and state officials. The property is located just two minutes from the new Burke Business Park, minutes from Morganton and a short drive to the beautiful Western North Carolina Mountains. Building on property does not convey.
