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0 Magness Rd - Entitled Land - 51 Shovel Ready Sites

25.34 Acres of Residential Land Offered at £1,277,853 in Shelby, NC 28150

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Shelby 51 Lots

Market Activity Report

Property Facts

Price	£1,277,853	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
No. Lots	1	Total Lot Size	25.34 AC

Price	£1,277,853
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	25.34 AC

1 Lot Available

Lot

Price	£1,277,853	Lot Size	25.34 AC
Price Per AC	£50,428

Price	£1,277,853
Price Per AC	£50,428
Lot Size	25.34 AC

Description

Builders / Developers: Looking for your next shovel-ready project? This site is just two miles from downtown Shelby - rated the #9 Micropolitan in the U.S. by Site Selection Magazine in 2022. Shelby lies 45 minutes from Charlotte-Douglass International Airport and 1 hour from Greenville-Spartanburg International Airport. With the cost of living well-below the national average, a school system ranking in the top-quarter of the state, and increased demand for housing in NC due to the state's growing business reputation; this location has much to offer. The initial site plan calls for 51 single family homes, .23+ acre lots, with two access points - anticipating 2,400+/- SF homes. Public water and sewer are available and nearby new construction is on the market beginning at $317,000. Sellers are going through the entitlement process with an anticipated completion date in May. Help meet the area's continued growing demand.

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