99999 Gill Branch Road $2,500,000
- 28.36 Acres
- Commercial
- MLS# 3701152
Listing provided courtesy of: Carla & Company Real Estate Services
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Property Details
Rare development opportunity located less than 1 mile from major commercial hub (Walmart & Lowe's) in Weaverville, NC. Weaverville continues to show rapid economic and population growth bolstered by a unique mix of small town mountain charm with larger scale infrastructure and easy access to Asheville. 28.36+/- acres of gentle lying land, mostly cleared acreage, encompassed by mountain views and currently zoned for residential medium density. Plenty of sewer capacity for a large development, including gravity fed sewer. Additional adjoining acreage is publicly marketed for sale. The entrance to Gill Branch Rd has 5,600 VPD and is located within approx. 0.4 miles to US-25/US-70(18,000 VPD) and 1.7 miles to I-26 Exit 19 (50,500 VPD). 1,314 ft of interstate road frontage. Minor portion of the property, along Gill Branch Creek, is located in the 100 year floodplain. Property requires extension of ROW or additional access via separately owned parcel to facilitate higher density development.
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General Features
- New Construction Y/N false
- Year Built 0
- Zoning R-3
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Property Features
- Lot Size Area 28.36
Contact
Neighborhood
28787 (Weaverville) Demographics
47 Median Age
265 Population Density (per sq. mile)
51% College Educated
$59,446 Estimated Median Income
6,518 Estimated Total Home Owners
1,930 Estimated Total Renters
77% / 23% Estimated Owner / Renter Divide
2 Estimated Average Household Size
21,083 Total Population
Community data courtesy of LiveBy, Inc.
Market Last 30 Days In This Postal Code
$517,500
Median Sales Price
20
Homes Sold
22
New On Market
Average Days on Site
Properties for Sale
Calculations provided by Reliance Network
Property History
| Date | Price |
|---|---|
| -- | New Value: $2,500,000 |
| 3/1/2021 9:14:00 AM | New Value: $2,500,000 |
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** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Based on information submitted to the MLS GRID as of 5/29/2023 3:30:41 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID.
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Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.