***January 2025 appraisal at $1,200,000*** Seize this exceptional 9.5-acre commercial parcel, strategically positioned near NC 107, offering unparalleled potential for development or investment. Boasting high visibility and convenient traffic light access directly on and off NC 107, this site is primed for a variety of commercial ventures, including restaurants, grocery stores, auto dealerships, office complexes, medical facilities, retail centers, or multi-family housing. The property benefits from proximity to municipal water and sewer services, streamlining development logistics. An engineered site plan includes grading designs for a balanced development, eliminating the need for costly on or off-site dirt hauling. Specifically tailored plans support the construction of 108 apartments with ample parking; ideal for addressing the region's growing housing demand. Recent improvements to NC 107 have spurred relocations, amplifying the site's appeal for diverse commercial projects.
- Age: Over 50 Years Old
- Cooling System: Heat Pump
- Cooling System: Central Air
- Exterior Type: Brick Full
- Floor Covering: Vinyl
- Floor Covering: Wood
- Heating System: Electric (Heating)
- Heating System: Heat Pump (Heating)
- Legal Description: WALTER ASHE RD
- MLSID: 4137192
- Roof Type: Composition