Fully entitled tract of development land located just .25 mile from WCU in an 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 11 units of single family detached homes and 12 duplex units on 17 building pads. This offering is for pads S17-S-27 & 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 market/workforce lease
Listed By
Agency Name: Todd Baucom Realty Inc
Agency Contact: todd.baucom@gmail.com
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
Estimated Payment
$ 3,508.80 per month $3,326.51 Principal & Interest $0.00 Property Tax (data not provided by mls) $182.29 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
002 Lyle Wilson Road | MLS# 4300823
This land located at 002 Lyle Wilson Road, Cullowhee, NC 28723 is currently listed for sale with an asking price of $625,000. The property has approximately 10.00 Acres. Search Cullowhee real estate on www.lakenormanrealty.com today.