$2,899,000
For Sale

1371 Andrews Rd

Murphy, NC 28906
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

The property is in the heart of the Murphy retail district and is ideally suited for a mixed use development. Tier 1 has highway frontage on Andrews Road of approximately 500'. Tier 2 is designated for multifamily/apartment use. Tier 3 runs up the ridge to the top offering excellent residential lots with long range views with city convenience. The 27 acres has 3 potential access points enhancing the multiuse concept. Property is zoned Highway Business. Owners will consider subdividing. Harrah's Valley River Hotel and Casino has just completed a $275,000,000 expansion and is very close by. Cherokee County has recently completed a new housing study showing a large demand for housing. Murphy is the financial hub for far western NC.

  • Property Details
      • Structure TypeLand, Commercial, Residential
      • Property TypePurchase
      • CountyCherokee
      • MLS #26040271
      • MLS #26040271
      • Cost2899000
      • Property SubtypeLand

Location

Allison Fish | Keller Williams RealtyReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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