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Corner of Ponder Rd. and Pea Ridge Rd. - 99999 Ponder Rd. Mill Spring, NC 28756

40 Acres of Commercial Land Offered at $1,436,450 CAD in Mill Spring, NC 28756

Investment Highlights

  • Panoramic mountain views.
  • Corner of Ponder Rd and Pea Rdge Rd.
  • Mostly cleared.
  • Within 1 mile of Tryon International Equestrian Center.
  • Located within Opportunity Zone.

Executive Summary

One of the last remaining large tracts of development land near the Tryon International Equestrian Center (TIEC). Land is located in an Opportunity Zone.

Property Facts

Price $1,436,450 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Horse Stables
  • Hotel
  • Lodge or Meeting Hall
  • Neighbourhood Centre
  • Outlet Centre
  • Planned Unit Development
  • Power Centre
  • Restaurant
  • Service Station
  • Single Family Development
  • Specialty, Festival or Entertainment
  • Strip Centre
  • Supermarket
  • Pasture Ranch
Total Lot Size 40.00 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $1,436,450 CAD
Price Per AC $35,911 CAD
Lot Size 40.00 AC

40 +/- Acres in Opportunity Zone located within 1 mile to Tryon International Equestrian Center (TIEC).

Description

40 +/- Acres in Opportunity Zone located within 1 mile to Tryon International Equestrian Center (TIEC). Gentle topography with long-range views, this beautiful property offers an ideal opportunity to create your vision in the sought after Tryon Horse Country region. The property features multiple building sites, ideal for equestrian estate homes or your dream barn. Alternatively, the property appeals to investors looking for a proven short-term rental location or developers looking to provide perfectly located horse farms for the area's newly developed equestrian community. The property is ideally located within 1 mile to TIEC, 9 miles from Columbus, 11 miles from Rutherfordton, and offers 1 hour drives to both Asheville NC and Greenville SC. The property is located within an opportunity zone, which can offer long-term tax benefits.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
P104-7
Land Assessment
$1,512,210 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,512,210 CAD

zoning

Zoning Code OZ (Opportunity Zone)
OZ (Opportunity Zone)
  • Listing ID: 27111412

  • Date on Market: 2022-11-14

  • Last Updated:

  • Address: Corner of Ponder Rd. and Pea Ridge Rd., Mill Spring, NC 28756

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