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- LoopNet Team
Walker Rd
Elon, NC 27244
Land For Sale
·
62.00 AC
INVESTMENT HIGHLIGHTS
- Conservation easement throughout
- Less than .5 Miles to Elon Univ.and Downtown
- New elementary school (Opens 2019)
PROPERTY FACTS
DESCRIPTION
The SR zoning, in addition to conventional single-family, allows for a range of housing types, low-intensity business uses are permitted in mixed-use buildings at a residential scale, and includes the opportunity for TND-O with approval. Click Here for Zoning Excerpt In 2006, the family committed to a 9.47 acre Conservation Easement along Dry Creek through all parcels. (See this on Concept Plan Pg3) The easement which likely meets the 15% open space requirement provides a ready amenity for hiking, birding, and appreciation of nature. A dedicated 60’ connectivity is provided on parcel A. The pond on parcel A may be drained. Utilities: a 12” water main located along Powerline Road and an 8” water main extends along Walker Road; Duke Energy utility easement approximately 109-129’ wide is on the Powerline Road side of parcel A; sewer easement is via parcel B Gerringer Road. Adjoining parcel C, Forest Creek, a recently developed community, has experienced nearly 80% in sales since opening, with homes starting in the $220s.
PROPERTY TAXES
| Parcel Number | 117291 | Improvements Assessment | $0 |
| Land Assessment | $95,282 | Total Assessment | $95,282 |
PROPERTY TAXES
