$950,000

1981 Jamestown Road, Morganton, NC 28655

  • Property Icon other
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon47.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Approximately 47.34 acres that is ready for development. Located at the intersections of Interstate 40, Causby Road & 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, water service commitment and has been approved by Burke County. After investing approx. $150,000 in this property 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. New reduced lot size guidelines may allow for additional homes. 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.

Listing Status:
Active
Listing Office:
RE/MAX Southern Lifestyles : 828-430-7212
MLS ID:
4271006
  • General: Off Frame ModularOn Frame ModularSite Built

This listing courtesy of RE/MAX Southern Lifestyles

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

W.A. Young Elementary School

325 Conley Rd, Morganton, NC, 28655

Grades PK-5

1.54 miles away

T

Table Rock Middle School

1585 NC 126, Morganton, NC, 28655

Grades 6-8

3.73 miles away

F

Freedom High School

511 Independence Blvd, Morganton, NC, 28655

Grades 9-12

4.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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