280 S Broad Street, Brevard, NC 28712

$4,160,000

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Listing courtesy of Looking Glass Realty, Connestee Falls. jordan@LookingGlassrealty.com

List Price
$4,160,000
MLS#
4327300
Status
ACTIVE
Days on Market
234
Property Type
Commercial Sale
Year Built
1964
Lot Size
61,855
Lot Size Area
1.42
County
Transylvania
Special Conditions
None

Property Description

Prime In-Town Development Opportunity – Fully Entitled 32-Unit Townhome Project (Delivered at Closing) 280 S Broad Street, Brevard, NC 28712 Total Assemblage: ±1.42 Acres (3 Parcels) This ±1.42-acre, three-parcel assemblage represents one of the most strategically located development opportunities in Brevard. The seller currently owns two parcels (±1.05 acres) and is under contract to acquire the third parcel (±0.37 acres), with all three to convey together. At closing, the site can be delivered fully entitled for a 32-unit townhome community, giving a buyer a ready-to-execute project in a market with proven demand and limited supply. Positioned just three blocks from Main Street, the property benefits from DMX zoning, which allows a wide range of uses, including residential, mixed-use, multifamily, medical, office, hospitality, and commercial. The assemblage offers city utilities, level topography, and frontage along US-64, providing excellent access and visibility. Walkability to restaurants, retail, Brevard College, the future Ecusta Trail, and Transylvania Regional Hospital strengthens its desirability for both residential and commercial development. Two pricing models are available: $130,000 per entitled lot (32 total) or $175,000 per finished, build-ready pad. A rare opportunity to acquire a fully entitled, downtown-adjacent development site in one of Western North Carolina’s most supply-constrained and high-demand markets. Also listed as land MLS # 4327322. Reach out to Agent for the full pitch deck

Additional Information

Foundation
Slab
Heating
Electric
Water
City
Sewer
Public Sewer
Exterior Construction
Fiber Cement
Roof
Metal
Parking
Parking Lot
Driveway
Paved
Lot Description
Level
Zoning
DMX

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Calculator source: Real Geeks

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