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500 West St - 10.50 Acres Flat Land West of Charlotte 10.5 Acres of Commercial Land Offered at $1,451,625 CAD in Spindale, NC 28160

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INVESTMENT HIGHLIGHTS

  • Easy Access to US-74 ALT, With 15,000 Vehicles Per Day and 0.5 Miles From US-221 / US-74 Intersection, Seeing 25,000+ VPD
  • Spindale is Roughly 50 Miles From Asheville, Charlotte and Spartanburg Metro Areas
  • Strong and Stable Demographics: Population Exceeds 23,300 Within 5-Miles and is Projected to Grow by 2029 | Daytime Population Of 24,700+ Within 5-Mi
  • Close Proximity to Newly Built Residential Communities and National Retail Tenants Such as Food Lion, Walgreens, Exxon, McDonald’s, KFC, DG and More
  • CNBC Recently Selected North Carolina as The Number 1 State For Business in U.S., for Its Economy and Workforce

EXECUTIVE SUMMARY

Convenient Zoning Allows For Wide Variety of Residential Developments. R-6 Residential Zoning Allows For Multifamily, Duplex, Manufactured and Detached Developments

PROPERTY FACTS Under Contract

Price $1,451,625 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Manufactured Homes or Mobile Home Park
Total Lot Size 10.50 AC
Zoning R-6 - The R-6 Residential District is established as a district in which the principal use of land is residential, and also encourages density

1 LOT AVAILABLE

Lot

Price $1,451,625 CAD
Price Per AC $138,250.01 CAD
Lot Size 10.50 AC

+/-10.50 Acres of Flat Land | Residential Zoning With Frontage Along Railroad Ave/US-74 Alt Southeast of Asheville, NC

DESCRIPTION

+/-10.50 Acres of Flat Land | Residential Zoning With Frontage Along Railroad Ave/US-74 Alt

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1649031
Land Assessment
$77,240 CAD
Improvements Assessment
$0 CAD
Total Assessment
$77,240 CAD
  • Listing ID: 36738812

  • Date on Market: 2025-07-15

  • Last Updated:

  • Address: 500 West St, Spindale, NC 28160

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