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US Highway 321 South - Ideal Commercial Acreage Near Boone, NC 42.02 Acres of Commercial Land Offered at $6,700,416 CAD in Boone, NC 28605

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EXECUTIVE SUMMARY

This prime 42 + acre commercial tract is only 2 miles from Boone, and has excellent exposure to busy US Highway 321 between Boone and Blowing Rock. The beautiful Blue Ridge Parkway is nearby. It is contiguous to the famed Tweetsie Railroad theme park, one of the premier tourist attractions in the High Country of North Carolina. The outstanding property is a combination of significant level land along the frontage with hillside areas in the rear. A major plan for this prominent property has in the past been approved for a mixed use development to include an indoor waterpark, hotel, restaurant, and retail center with over 120,000 SF of commercial space plus cabins on the hillside. The plan also provided for 999 parking spaces. Water is potentially available from wells on an adjoining site. An existing wastewater treatment plant can currently service the large tract with a capacity of 35,000 gallons per day with future plant expansion possible. There is no municipal zoning affecting the property. Part of the site is in a floodplain, but parking in the floodway area is allowable. The pricing of this ideal property has recently been reduced. This is a great opportunity for development!
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PROPERTY FACTS

Price $6,700,416 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hold For Development
  • Hold For Investment
Total Lot Size 42.02 AC
Zoning C - COMMERCIAL

1 LOT AVAILABLE

Lot

Price $6,700,416 CAD
Price Per AC $159,457.79 CAD
Lot Size 42.02 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2819-80-2374-000
Land Assessment
$3,762,999 CAD
Improvements Assessment
$72,683 CAD
Total Assessment
$3,835,681 CAD
  • Listing ID: 6655625

  • Date on Market: 2017-04-06

  • Last Updated:

  • Address: US Highway 321 South, Boone, NC 28605

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