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1410 S Morgan St 10.2 Acres of Commercial Land Offered at $1,692,000 in Shelby, NC 28152

INVESTMENT HIGHLIGHTS
- Opportunity to develop a residential neighborhood in rapidly growing Shelby, NC in Cleveland County.
- 0.9 Miles from Shelby High School; 0.5 Miles from Shelby Middle School
- Just off HWY 74- Convenient to all retailers, restaurants and the Shelby Mall
PROPERTY FACTS
| Price | $1,692,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 10.20 AC |
| Property Type | Land | ||
| Zoning | CPD - Commercial Planned Development | ||
| Price | $1,692,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 10.20 AC |
| Zoning | CPD - Commercial Planned Development |
1 LOT AVAILABLE
Lot
| Price | $1,692,000 | Lot Size | 10.20 AC |
| Price Per AC | $165,882.35 |
| Price | $1,692,000 |
| Price Per AC | $165,882.35 |
| Lot Size | 10.20 AC |
Approved for +/- 94 Townhomes and/or apartments- City of Shelby Water & Sewer Available Acres: +/- 10.2 Jurisdiction: City of Shelby Tax Parcels: 2556018862 Zoning: CPD (Corridor Protection District) Density: 18.81 Units/Acre
DESCRIPTION
Opportunity to develop a residential neighborhood in rapidly growing Shelby, NC in Cleveland County. -0.9 miles from Shelby High School -0.5 miles from Shelby Middle School -Just off Hwy 74-Convenient to all Retailers, Restaurants, and the Shelby Mall Shelby and surrounding areas of Cleveland County have been named as the number one top small town in North Carolina and number nine in the nation by Site Selection Magazine. https://www.shelbystar.com/story/news/2023/03/06/cleveland-county-recognized-for-economic-growth/69964931007/
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1410 S Morgan St
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