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MLS Number:
26040271
List Price:
$2,899,000
Subdivision:
Smith Mountain
Township:
OTHER
City:
Murphy
State:
NC
Zip Code:
28906
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Apx Acreage Range:
20-29.99
Type:
Land, Commercial, Residential
Topography:
Branch/Stream, Hilly/Steep, Level, Pasture, Rolling
Area:
Cherokee County
Listing Office:
RE/MAX Executive (MLS Only) (#:2651)
Listing Agent:
Andy Jordan (#:19)
Remarks:
The 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 Road of approximately 500'. 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 potential access points enhancing the multiuse concept. Property is zoned Highway Business. Owners will consider subdividing. Harrah's Valley River Hotel and Casino has just completed a $275, 000, 000 expansion and is very close by. Cherokee County has recently completed a new housing study showing a large demand for housing. Murphy is the financial hub for far western NC.
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