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29 Acres in Burke County, NC

I40 Access Rd : Hildebran, NC 28637

Burke County, North Carolina

29 Acres
$249,900 USD $299,900
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Under Contract

Property Description

More than 29 acres in Burke County, NC. Owner financing available.

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Small commercial building at the road currently leased out at $800/Month.

Billboard leased out to Lamar at the interstate.

Previous owner says the building was a gas station years ago, but that tanks have been removed. Phase 1 environmental study has been done and is available upon request and requires Phase 2 which has not been completed.

Wetlands delineation has been done and is available upon request.

Recent survey is available.

Property is currently composed of three tax parcels.

7 acres at the back of the property is zoned c-3 and the front 22 acres is zoned industrial.

Small creek running through the property.

Preliminary layouts for several commercial building options have been done and are available upon request as well as all notes on information that has been collected.

City water and sewer with significant capacity is available close by.

The potential is here for as many as 240 multifamily units, self storage or industrial space.

This is an incredible location for development, right next to an exit off of I-40 and minutes from the center of Hickory.

Buyer to confirm all the above.

Address: I-40 Access Rd, Hildebran, NC 28637

Cash Discount Price: $249,900.00

There is a $1000 deposit required with all purchases. $500 is a non-refundable transaction fee and the remaining $500 would be applied to the purchase price at time of closing.

Owner Financed Price: $249,900.00

Owner Financing Terms: $24,900 down and $4,504.81/Month for 72 months.

Applicable fees may apply including but not limited to $35/Month servicing fee and 12.9% interest for owner financing. Buyer is responsible for annual property tax. Contact Country Land Sellers for more details. Monthly payment subject to change based on down payment. Monthly payment shown is an estimate only.

County: Burke

Acres: 29 Acres (Raw Land)

Coordinates: 35.7068, -81.4142

Parcel: 26262, 15524, 37768

Yearly Estimated Taxes: $1633.24

Elevation: 1128 Ft

Property Dimensions: 1981 Ft X 1156 Ft

Zoning: IND Industrial District & C3 Regional Commercial

Does this property have an Hoa?: No

Does this property have a survey?: Yes

Elementary school: Hildebran Elementary School

Middle school: East Burke Middle School

High school: East Burke High School

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Disclaimers: This property is being sold “as is”. We do our best to collect accurate information, but we cannot guarantee that any of the information in this ad is correct, we recommend each buyer do their own research. We do our best to get pictures of the actual property, but they may not be of the property we are advertising. This Property is being sold “as is”, the information we have listed in this ad may or may not be correct, but it is what we found when we researched this property. Please talk to a surveyor if you wish to verify the size of the property, the property may not be the size we have listed in the ad, we are just relaying the information the county has on the property. Under no circumstances do we ever do refunds on any property, it is the buyers responsibility to do their own due diligence before buying.

Directions to Property

Hickory

North Carolina, USA

Head south on 4th St NW toward 1st Ave NW

0.3 mi

Turn right onto 1st Ave SW

1.3 mi

Turn left onto 17th St SW

0.5 mi

Turn right onto US-70 W

2.2 mi

Turn left onto I-40 Access Rd

0.8 mi

Turn left

0.1 mi

More Property Details

Owner Will Finance
Property Keywords
Estimated Annual Taxes
$1,633
COMMERCIALFLIP ID
364750

Property Price History

Date
Price
$ +/-
% +/-
4/29/24
$249,900
$50,000
16.7%
3/20/24
$299,900
$50,100
14.3%
1/29/24
$350,000
$99,900
22.2%
Property features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by COMMERCIALFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Buyers should exercise their own due diligence when purchasing real estate. COMMERCIALFLIP is not a party to any portion of the real estate transaction between a buyer and seller on this site. Contact the seller directly regarding this listing.