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7970 E Nc 150 Hwy - Terrell Town Center

15.09 Acres of Commercial Land Offered at $7,087,350 CAD in Terrell, NC 28682

Investment Highlights

  • Major Highway Intersection
  • PUD Apartments and Commercial

Executive Summary

Perfect opportunity for live work project.

Property Facts

Price $7,087,350 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Apartment Units
  • Auto Repair
  • Community Centre
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Master Planned Community
  • Medical
  • Neighbourhood Centre
  • Office Park
  • Storefront, Retail or Office
Total Lot Size 15.09 AC

1 Lot Available

Lot

Price $7,087,350 CAD
Price Per AC $469,672 CAD
Lot Size 15.09 AC

15 Acre hard stoplight corner on Hwy. 150 and Sherrills Ford Road. High traffic counts. Location is the fastest growing area around Lake Norman.

Description

Entitled PUD up to a maximum of 141,000 sq. ft. on ground floor retail/commercial/mixed use. Hard corner at Hwy. 150 and Sherrills Ford Road Red light corner. The front part of a Historic building is located on this property or would require state approval to move, however It would be great to incorporate into the theme of the development. Entitlement reads: A portion of the development meeting the intent of the storefront (Area 2) village center to serve as the core containing a variety of retail shops and services in a manner consistent with a small downtown or central market place in the community. • Max. 141,000 SF Commercial Space • Max. 400 2nd/3rd Floor Multi-Family Units

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4617092633700000
Land Assessment
$214,143 CAD
Improvements Assessment
$0 CAD
Total Assessment
$214,143 CAD

zoning

Zoning Code PD-CD (PUD)
PD-CD (PUD)
  • Listing ID: 29635759

  • Date on Market: 2023-09-27

  • Last Updated:

  • Address: 7970 E Nc 150 Hwy, Terrell, NC 28682

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