$4,500,000
Accepting Backup Offers

56 Gill Branch Road

Weaverville, NC 28787
Browse 29 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

A unique find! Substantial development opportunity with 45.57+/- acres of encompassing mountain views and gentle topography in a peaceful pastoral setting. Zoned R-3 and suitable for residential medium density subdivision (12 units per acre) or multi-family (no more than 8 units in no more than 4 buildings). Buncombe County MSD has a 16 inch sewer line that crosses the property with plenty of sewer capacity for large development and likely to require annexation to the Town of Weaverville for municipal water supply. 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 MSA. Additional adjoining acreage is publicly marketed for sale. Portion of the property, along Gill Branch Creek, is located in the 100 year floodplain. See duplicate mls listing for land #3716539.

  • Property Details
      • Acres45.57
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1965
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Fiber Optics
  • Community and Neighborhood Details
      • CountyBuncombe
      • ZoningR-3
  • Financial Details
      • Original List Price$4,500,000
      • Days on Market (Cumulative)287
      • Buying Agency Compensation3
  • Other
      • MLS #3715213

Location

Matt GallinaReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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