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751 Highway 107 - 83+ Acres on Hwy 107, Sylva NC

83.07 Acres of Commercial Land Offered at $19,908,001 CAD in Sylva, NC 28779

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Investment Highlights

Daily traffic count of between 16,000 to 19,500 (as of 2022 according to the NCDOT).
Near Western Carolina University, Southwestern Community College, Lowes, Walmart and Smoky Mountain High School
Property has access to Sylva resources and utilities such as water and sewer.

Approximately 3,285 +/- feet of Highway 107 frontage.
Located in the Sylva General Business ETJ.
Ramp and HWY 107 Access

Executive Summary

Rare opportunity to own a piece of prime property, located between Western Carolina University and the town of Sylva with approximately 2,000 +/- feet of Highway 107 frontage and a daily traffic count of between 16,000 to 19,500 (as of 2022 according to the NCDOT).
Recently surveyed, this offering consists of 4 parcels with excellent road frontage and access off the Evans Road ramp near Southwestern Community College. The possibilities are endless and since it is located in the Sylva ETJ General Business District, the end user has access to town resources and utilities such as water and sewer. It's a great opportunity for creating all kinds of options for commercial purposes!

Owener is willing to subdivide with purchase of at least 24 acres.

2024 Survey

Property Facts

Price	$19,908,001 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Mixed Use Apartment Units Apartment Units - Dorms Apartment Units - Senior Tienda de conveniencia Fast Food Hold For Development Planned Unit Development Supermarket
No. Lots	1	Total Lot Size	83.07 AC
Property Type	Land

Price	$19,908,001 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Mixed Use Apartment Units Apartment Units - Dorms Apartment Units - Senior Tienda de conveniencia Fast Food Hold For Development Planned Unit Development Supermarket
Total Lot Size	83.07 AC

1 Lot Available

Lot None

Price	$19,908,001 CAD	Lot Size	83.07 AC
Price Per AC	$239,653 CAD

Price	$19,908,001 CAD
Price Per AC	$239,653 CAD
Lot Size	83.07 AC

4 Lots, owner is willing to separate!

Description

Rare opportunity to own 83 unrestricted acres located in a prime location between Western Carolina University and the town of Sylva with approximately 3,285 +/- feet of Highway 107 frontage and a daily traffic count of between 16,000 to 19,500 (as of 2022 according to the NCDOT). Recently surveyed, this offering consists of 4 contiguous parcels with excellent road frontage. It can be accessed directly off HWY 107N or the Evans Road ramp near Southwestern Community College for easy ingress and egress. The possibilities are endless and since it is located in the Sylva ETJ General Business District, the end-user has access to town resources and utilities such as water and sewer. **LoopNet is only pulling tax value from 1 of the 4 parcels.** It's a great opportunity for commercial, residential/retail, multi-family, and more!

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aerial
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751 Highway 107, Sylva, NC - aerial map view - Image22

PROPERTY TAXES

Parcel Numbers	Multiple 7640-85-1845 7640-86-1398 7640-87-5317	Improvements Assessment	$0 CAD
Land Assessment	$4,894,384 CAD	Total Assessment	$4,894,384 CAD

PROPERTY TAXES

Parcel Numbers

Multiple

7640-85-1845
7640-86-1398
7640-87-5317

Land Assessment

$4,894,384 CAD

Improvements Assessment

$0 CAD

Total Assessment

$4,894,384 CAD

zoning

Zoning Code	Sylva GB ETJ (Property is located in the General Business District of Sylva, NC within the ETJ boundary.)
Sylva GB ETJ (Property is located in the General Business District of Sylva, NC within the ETJ boundary.)