136 Arboretum WayShelby, NC 28150Price: $795,000

  • Price: $795,000
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Federal 30-year interest rate: 4.85% last updated on Oct 18, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 3367407MLS Number
  • 3Bathrooms
  • 215Acreage
  • 1993Year Built

Listing Tools

Developers, here is a rare opportunity to buy large acreage of approximately 215 acres. Composed of a former nursery with lake frontage plus a large tract with river views, this property is ideal for possible residential development or potential commercial uses. Located on a major inbound/outbound road in Shelby NC, both tracts have public water and natural gas available. The nursery tract has road improvements, existing utilities, level to rolling terrain, and functional building with apartment (sold as is). The development tract is adjacent to the upscale lakefront Williams Creek development and can be accessed from both North Lafayette Street and from a cul-de-sac within the Williams Creek subdivision. The development tract borders the Broad River and overlooks Shagreen Lake, the second largest lake in Cleveland County. The nursery tracts offers frontage on Shagreen Lake. Both tracts are located within 2 miles of downtown Shelby and just 3.5 miles from U.S. 74.

Property Details

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Listed by Steve Martyn and Sheelah Clarkson of Sheelah Clarkson Agency
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