0 Magness Road Shelby, NC $ 1,600,000
0 Magness Road
$ 1,600,000
New Construction
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0 Magness Road

Shelby, NC, 28150
$ 1,600,000
Baths0.0

Monthly Estimate*

$ 9,583

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Studio

Lots and Land for sale in Shelby, NC

for $1,600,000. The lot size is 25.342.

Builders / Developers: Looking for your next shovel-ready project? This site is just two miles from downtown Shelby - rated the #9 Micropolitan in the U.S. by Site Selection Magazine in 2022. Shelby lies 45 minutes from Charlotte-Douglass International Airport and 1 hour from Greenville-Spartanburg International Airport. With the cost of living well-below the national average, a school system ranking in the top-quarter of the state, and increased demand for housing in NC due to the state's growing business reputation; this location has much to offer. The initial site plan calls for 51 single family homes, .23+ acre lots, with two access points - anticipating 2,400+/- SF homes. Public water and sewer are available and nearby new construction is on the market beginning at $317,000. Sellers are going through the entitlement process with an anticipated completion date in May. Help meet the area's continued growing demand. All information to be verified by buyer / buyer's agent.

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Lots and Land Pending

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,127

Style

Lot Size

25.342

Town/City

Shelby

County/Region

Cleveland

MLS | Web ID

1131404

Features
General
Sewer Public Sewer
Zoning R-20
Building Design Single Family Residence
County Cleveland
Property Type Land
HOA No
Status Pending
Directions From US 74 Business to E/W Marion St: Turn left onto N Lafayette St Continue straight to stay on N Lafayette St Turn right to stay on N Lafayette St Turn left onto Metcalf Rd Turn left onto Magness R
City Shelby
Tax Annual Amount 2127.72
Standard Status Pending
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Exterior
Water Source Public
Lot Size Acres 25.342
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* Excluded Features
List By
Mike Gatton, III

Listing Agent

The Baldwin Companies

Broker

mike@baldwinco.com

Email

Affordability Calculator

$9,760
Per Month
98%
2%
0%
Monthly Principal & Interest
$9,583
Monthly Property Taxes
$177
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
584379 Elementary School
584626 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/28/2024$1,600,000 Listed Price

Map


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0 Magness Road, Shelby, NC, 28150 is a Lots and Land for sale at $1,600,000 with a lot size of 25.342. 0 Magness Road is a studio with 0.0 baths. The property's zip code is 28150 which is in Shelby, NC