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800 Highway 70 Street NwMarion, NC 28752Price: $499,000

  • Price: $499,000
  • Est. Mortgage of $/month
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$
%
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Federal 30-year interest rate: 6.09% last updated on Feb 2, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
CAR3828786
  • $499,000List Price
  • 13.21Acreage

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Multi-family residential development opportunity (currently zoned R4 - 20 units/acre). Recent study by non-profit Dogwood Health Trust finds county HH incomes to rise 21% by 2025 with 55% of new housing demand from seniors. County housing supply deficit among region's highest, esp. betw. $300k-$400k. Public water, sewer and gas available but buyer to verify. This property has approximately 450 ft of state highway road frontage with possible ingress/egress if neighboring property (also listed - 880 N. Main Street) is purchased in tandem. Otherwise, most likely access is via dedicated road easement of Ginger Drive. The property is located just 1/2 mile to downtown Marion which has burgeoning restaurant scene. Long range views to Mt. Mitchell from highest point of property. Small creek runs along the northern edge of the property.

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Listed by Dac Carver of National Land Realty

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