MLS Number:
144160
List Price:
$2,899,000
Street #:
1371
Street Name:
Andrews Rd
City:
MURPHY
State:
NC
Zip Code:
28906
County:
Cherokee
Subdivision:
Smith Mountain
Type:
Other
Current Use:
Residential
Size of Tract:
26-50 Acres
Topography:
Level, Rolling Slope, Sloped
Utilities:
Other
Gas:
None
Water:
Public
Sewer:
Public Sewer
Improvements:
Other
Easements:
Public Roadway, ROW Easement
Drive/Access:
State Highway, Paved Road
Fence:
None
Frontage:
Road, Branch
Miscellaneous:
Will Consider Dividing, No Deed Restrictions, Branch, Exceptional View
Area:
Murphy
Public Remarks:
This property is in the heart of the Murphy retail district and is ideally suited for a mixed use development. Tier 1 has highway frontage on Andrews Rd. Tier 2 is designated for multifamily/apartment use. Tier 3 runs up the ridge to the top offering excellent residential lots with long range views with city convenience. The 27 acres has 3 different access points enhancing the multiuse concept. Property is zoned Highway Business. Owners will consider subdividing and grading. Harrah's Valley River Hotel and Casino are presently undergoing a $275, 000, 000 expansion and is very close by. Cherokee County is in the final stages of a new housing study. Murphy is the financial hub for far western NC.
Owner Financing Available:
No
Brokerage:
3.5
Variable Rate:
No
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