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0 Bost RdMorganton, NC 28655

138 Acres, R-3 Zoning, Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
118
Exceptional 138-acre development opportunity in Morganton, North Carolina. This Burke County property, APN 1795406840, is zoned R-3, allowing for a mix of commercial and residential uses. Located on Bost Rd, zip code 28655, the land boasts convenient access to city water and sewer hookups along the adjacent Kela Dr. Burke County zoning permits the construction of up to 186 single-family structures (including duplexes), with a minimum lot size of 0.58 acres. However, development is subject to watershed regulations (WS-IV, PA), limiting development to a maximum of 24-36% of the total acreage. This translates to approximately 32.4 acres (1,411,344 square feet) for roads, structures, and driveways. Even with this restriction, construction of 186 duplexes, each unit at 950 square feet, would utilize only approximately 353,400 square feet of the allowable developed area. This presents a significant opportunity for a high-density residential development, while adhering to environmental regulations. The property's prime location and development potential make it an attractive investment.

Highlights

  • 138-acre land parcel in Morganton, NC.
  • R-3 zoning permits up to 186 single-family residential units (including duplexes).
  • City water and sewer available along Kela Dr.
  • Development limitations exist due to watershed regulations (WS-IV, PA), limiting buildable area to 24-36% of the total acreage.
  • APN: 1795406840.

Property Details for 0 Bost Rd

Property type
Land
Lot Size (sq. ft)
6,011,280 SF

Location Insight

City
Morganton
County
Burke
State
North Carolina
Latitude
35.77620971
Longitude
-81.71017165
Bost Rd, Morganton, North Carolina

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0 Bost Rd
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