Listing provided courtesy of Todd Baucom Realty IncMLS# 4300740MLS ProviderContact Information: [email protected]
  • 293 days on site
  • 0 views

Fully entitled tract of development land located just .25 mile from Western Carolina University and in a federally designated Opportunity Zone. Ideal development opportunity for duplex/townhome style housing to meet the growing demand and stagnant supply of available homes in the Jackson County area. This parcel is entitled to build 12 units of duplex style homes on 6 building pads. This offering is for pads D1-D6 on the site plan. A complete package of permits, drawings, plans and studies can be supplied to prospective purchasers. The total project area is entitled for a mix of single family and duplex style with 73 total units. The grunt work has been completed and this is ready to go vertical, saving significant time and money. Jackson County caused a housing study in 2019. The result of the study revealed that over 2000 housing units should be constructed in Jackson County between 2020 and 2025. The volume of new construction since 2020 is no where close to that 2000 unit need. New $80M Engineering program expansion will require about 30 new professor hires at WCU in the next 18-24 months. Strong area demand for housing units for sale or for market/workforce lease.

Source: Canopy MLS, MLS#: 4300740

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  • Property Type
    Land

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Ivester Jackson Christie's

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  • Median Age
    22
  • Population Density
    98
  • College Educated
    48%
  • Estimated Median Income
    $36,625
  • Estimated Total Home Owners
    1,302
  • Estimated Total Renters
    2,014
  • Owner / Renter Divide
    39% / 61%
  • Estimated Average Household Size
    2
  • Total Population
    11,164
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% 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. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 000 Lyle Wilson Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.