Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
N/A
Fully entitled tract of development land located just .25 mile from Western Carolina University and in a federally designated Opportunity Zone. Ideal development opportunity for single family and duplex style housing to meet the growing demand and stagnant supply of available homes in the Jackson County area. This parcel is entitled to build 73 total units in a mix of single family detached and duplex style houses. A complete package of permits, drawings, plans and studies can be supplied to prospective purchasers. The grunt work has been completed and this is ready to go vertical, saving significant time and money. Jackson County caused a housing study in 2019. The result of the study revealed that over 2000 housing units should be constructed in Jackson County between 2020 and 2025. The volume of new construction since 2020 is no where close to that 2000 unit need. New $80M Engineering program expansion will require about 30 new professor hires at WCU in the next 18-24 months. Property can be divided into sections to allow for a Phased Development Plan. Seller would consider selling a section with an option on the remaining lands.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Property Type
Land
Price
-
Sales Price
$1,475,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Cullowhee Valley
-
Middle School
Cullowhee Valley
-
High School
Smoky Mountain
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Jackson
Elementary School
Cullowhee Valley
Middle School
Cullowhee Valley
High School
Smoky Mountain
Listing Courtesy of Todd Baucom , Todd Baucom Realty Inc
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Agent
Zaneta Mowatt
Call Zaneta today to schedule a private showing.
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