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Wilkesboro Hwy/Hwy 115 North
Statesville, NC 28677

Morrison Creek Development · Land For Sale · 44.64 AC

Investment Highlights

  • Close to Interstate 40 in fast growing Statesville area

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 44.64 AC

Description

This unique property is located in the fast growing and desirable NC piedmont city of Statesville, 40 miles north of Charlotte. Its proximity to the Interstate and a recently renovated historic Downtown, along with many shopping and dining options, make this property ideal for both residential and commercial development. The property is surrounded by farms and several nice older developments, adding to its quiet rural nature. It is within the city Limits and has access to city water, sewer, and other city services. Property has been rezoned as a PUD (Phased Unit Development), and the attached approved site plan allows for 67 single family homes (22 acres), 80 multi-family residences (10 acres), and commercial development on the remainder of the property (12 acres). Much of the due diligence for the development has been completed and is included in the sale price including: Lidar and ground surveys, Wetlands surveys (the property is not in a flood plain), Traffic Impact Analysis, and proposed and approved site plans. Only necessary step before sitework can begin is submission of engineered documents for City of Statesville Technical Review Committee approval. Future local DOT infrastructure plans include widening of Hwy 115/Wilkesboro Rd to 4 lanes up to Chipley Ford Road, which borders the property on the east side. Given the unsatisfied demand for housing in the Statesville area, along with current and future industrial growth, Morrison Creek assuredly will be a very desirable and popular location.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4735-36-9664.000
Land Assessment
$292,200
Improvements Assessment
$0
Total Assessment
$292,200

zoning

Zoning Code PUD (phased unit devlopment.)
PUD (phased unit devlopment.)
  • Listing ID: 27549082

  • Date on Market: 1/19/2023

  • Last Updated:

  • Address: Wilkesboro Hwy/Hwy 115 North, Statesville, NC 28677

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