Commercial/Residential Land SALE Residential LAND FOR SALE


Morganton, NC 28655 1,806,433 SF
$995,000 USD
336-480-5380
, Morganton, NC for Sale
$995,000 USD
Residential LAND - FOR SALE
1/4
1,806,433 SF

Commercial/Residential Land SALE
Morganton, NC 28655


HIGHLIGHTS

  • Zoned for residential development with Water and Sewer
  • Under HID zoning - up to 20 dwellings per usable acre
  • Multiple access points including from the main retail corridor
  • Surrounded by national and local retail businesses
  • In close proximity to the new NC School of Science and Math

OVERVIEW

Large undeveloped tract off of Morganton's main corridor and entrance from I-40 at exit 103. Perfect for multi-family/residential with an approximate 3-acre portion possibly suited for retail. Situated perfectly behind the newly revamped Magnolia Plaza shopping center that includes a vast tenant mix, including Rural King, Big Lots, Harbor Freight, KFC, Taco Bell, and more. It is also across the street from Lowe's Home Improvement and Food Lion. With visibility from I-40 and multiple access points, this makes an ideal site for many development possibilities. Morganton has seen continuous growth and with the new NC School of Science and Math opening their campus in Fall 2022, more developments should follow.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/ACRE

$23,993/AC

PRICE/SF

$0.55 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Commercial/Residential Land SALE

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Retail, Multi-Family, Shelter

LAND ACRES

41.47 AC

LAND SF

1,806,433 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Telephone

ZONING

HID/MID

APN/PARCEL ID

2702059982

ASK ABOUT THIS PROPERTY

Eric EngstromCollett & AssociatesMore Info
336-480-5380

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Eric EngstromCollett & AssociatesMore Info
336-480-5380

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.