Rutherfordton Industrial Land- Utilities on Site

Industrial Park Rd Rutherfordton, NC 28139

Industrial Park Rd, Rutherfordton, NC, 28139
Industrial Park Rd, Rutherfordton, NC, 28139 Industrial Park Rd, Rutherfordton, NC, 28139 Industrial Park Rd, Rutherfordton, NC, 28139 Industrial Park Rd, Rutherfordton, NC, 28139
FOR SALE
Property Type:
Other Land
Amount:
$1,072,985
Last Verified:
Dec 04, 2023

Highlights

  • All Public Utilities on Site
  • Close Proximity to retail corridor
  • Infill Site
  • Sewer on site
  • 8'' Water main on site; 12'' line is accessible
  • High Speed Fiber

Description

SVN | Blackstream LLC is pleased to present 40.49 +/- acres for sale within the Rutherfordton MSA. The parcel sits adjacent to the approved NCDOT $24 million federal grant that will improve accessibility to the site and provide further walkability. Located between the Purple-Martin Greenway, a city walking/biking path that connects to the city park, and Hwy 74 bypass creates a perfect infill location for development. Currently, the parcel has mixed zoning to allow for industrial and commercial use, split between Rutherfordton County and Rutherfordton City limits the site has multiple points of access for multiple building locations or a residental development. The parcel has been assessed through the Duke Energy Readiness Program and is primed for the next ownership group to take advantage of the opportunity. With a strategic location equidistant between Asheville NC and Charlotte NC, close proximity to retail and a strong workforce, this site is perfect for development. The city has transformed in recent years with the federal grant being approved; Rutherfordton and Spindale communities are eager to support development.

Laurel Hill Development Site is located on the city/county line in the Rutherfordton Industrial Park off Hwy 221 bypass and US-74, a primary transportation route between Charlotte and Western North Carolina. The site is well located to the city center of Rutherfordton and close to major interstates (I-26, I-40, I-77, and I-85). Being within an hour's drive of Charlotte International, Asheville Regional, and Greenville-Spartanburg International airports the 42 acre site is well positioned for Industrial or residental development. Proximity to Major Metropolitan Areas:
• Spartanburg, SC - 32 miles
• Asheville, NC - 60 miles
• Greenville, SC - 60 miles
• Charlotte, NC - 65 miles

Lot Size: 40.49 acres


Documents

SVN - OM Rutherfordton Development Site

Map of Industrial Park Rd, Rutherfordton, NC, 28139

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.