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7970 E Nc 150 Hwy - Terrell Town Center 12.54 Acres of Commercial Land Offered at $4,500,000 in Terrell, NC 28682
INVESTMENT HIGHLIGHTS
- Major Highway Intersection
- High Traffic Counts
- Major Development Area
EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
| Price | $4,500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 12.54 AC |
| Property Type | Land | ||
| Zoning | PD-CD - PUD | ||
| Price | $4,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 12.54 AC |
| Zoning | PD-CD - PUD |
1 LOT AVAILABLE
Lot
| Price | $4,500,000 | Lot Size | 12.54 AC |
| Price Per AC | $358,851.67 |
| Price | $4,500,000 |
| Price Per AC | $358,851.67 |
| Lot Size | 12.54 AC |
12.54 Acre hard stoplight corner on Hwy. 150 and Sherrills Ford Road. High traffic counts. Location is the fastest growing area around Lake Norman. The house haas been removed from the listing.
DESCRIPTION
The entitlement needs to be rezoned. Entitled PUD up to a maximum of 141,000 sq. ft. on ground floor retail/commercial/mixed use. Hard corner at Hwy. 150 and Sherrills Ford Road Red light corner. The front part of a Historic building is located on this property or would require state approval to move, however It would be great to incorporate into the theme of the development. Entitlement reads: A portion of the development meeting the intent of the storefront (Area 2) village center to serve as the core containing a variety of retail shops and services in a manner consistent with a small downtown or central market place in the community. • Max. 141,000 SF Commercial Space • Max. 400 2nd/3rd Floor Multi-Family Units
Presented by
7970 E Nc 150 Hwy - Terrell Town Center
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