Lyle Wilson Rd - Residential LAND FOR SALE


Cullowhee, NC 28723 2,378,376 SF
$265,000-$3,135,000 USD
828-269-2014
Lyle Wilson Rd, Cullowhee, NC for Sale
$265,000-$3,135,000 USD
Residential LAND - FOR SALE
1/4
2,378,376 SF

Lyle Wilson Rd
Cullowhee, NC 28723


HIGHLIGHTS

  • 1/4 mile from Western Carolina University
  • Zoning and Grading Permits obtained
  • Site plan and engineering 90% completed
  • Opportunity Zone

OVERVIEW

Remarks: 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 duplex/townhome style housing to meet the growing demand and stagnant supply of available homes in the Jackson County area. This parcel is entitled to build 12 units of duplex style homes on 6 building pads. This offering is for pads D1-D6 on the site plan. A complete package of permits, drawings, plans and studies can be supplied to prospective purchasers. The total project area is entitled for a mix of single family and duplex style with 73 total units. 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. Strong area demand for housing units for sale or for market/workforce lease.

FOR SALE DETAILS

PRICE

$265,000-$3,135,000 USD

PRICE/ACRE

$57,418/AC

PRICE/SF

$1 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Elevate Cullowhee sites D1-D6

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Hold for Investment, Planned Unit Development, Single Family Development

LAND ACRES

54.6 AC

LAND SF

2,378,376 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Telephone

ZONING

Cullowhee Planning Ord

APN/PARCEL ID

7558-18-8604,7558-18-9344,7558-28-2984

ASK ABOUT THIS PROPERTY

Todd BaucomTodd Baucom Realty, IncMore Info
828-269-2014

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Todd BaucomTodd Baucom Realty, IncMore Info
828-269-2014

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