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SANFORD Dr - Multi-Family and Retail Development Land 8.49 Acres of Commercial Land Offered at $1,273,500 in Morganton, NC 28655

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INVESTMENT HIGHLIGHTS

  • Rare 8.49 acre property in the heart of Morganton's High Intensity District zoning
  • Easy access to major roads and highways
  • Gently sloping terrain and stunning views
  • Suitable for multi-family or retail developments
  • Positioned for growth in the burgeoning Morganton market
  • High Intensity District zoning allows for a wide variety of uses

EXECUTIVE SUMMARY

Rare opportunity to own a prime 8.49 acre piece of property located in the heart of Morganton's High Intensity District zoning, suitable for multi-family or retail developments. With easy access to major roads and highways, this property is perfectly positioned for growth in the burgeoning Morganton market. The gently sloping terrain and stunning views make this property a developer's dream, and the High Intensity District zoning allows for a wide variety of uses. Whether you're looking to build multi-family housing, retail space, or a combination of the two, this property offers the flexibility and potential for a highly profitable investment.
Don't miss out on this unique opportunity to capitalize on the growth of one of North Carolina's most vibrant and dynamic communities.

PROPERTY FACTS

Price $1,273,500
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 8.49 AC
Cross Streets U.S. Hwy 64
Zoning MID

1 LOT AVAILABLE

Lot

Price $1,273,500
Price Per AC $150,000.00
Lot Size 8.49 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6028
Land Assessment
$255,700
Improvements Assessment
$0
Total Assessment
$255,700
  • Listing ID: 29491097

  • Date on Market: 9/11/2023

  • Last Updated:

  • Address: SANFORD Dr, Morganton, NC 28655

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