29 Acres in Hildebran, NC - $249,900

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.

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

County Planning and zoning phone #: ZONING (828) 764-9030

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

Phone # for electric company: Duke Energy (800) 777-9898

Legal Description: Property 1:

TRACT 1:

BEGINNING at a 3/4 existing iron pipe, located on the souther right of way margin of Old Intersate Road (a/k/a S R 1890) at the northern most corner of Berl O. Childers and wife, Audrey R. Childers (DB 609, Pg 131), then North 47 29 37 East 809.63 feet, along the southern right of way margin of Old Interstate Road (a/k/a S R 1890) to a 2 existing iron pipe, said pipe being located at the north eastern corner of Crosby E, Norris , et al (DB 459, Pg 453), thenee South of 16 23 39 East 268.93 feet,along the Norris line, to a 24 Wild Cherry, located at the northern most corner of Gary C. Grieser and wife, Helen A. Grieser (DB 780, Pg 1011), then South 21 35 36 East 219.78 feet, along the Grieser line to a 3/4 existing pipe, being located at the north west corner of Home Buyers of NC, Inc. (DB 950, Pg 1589), then South 21 22 51 East 179.13 feet, along the line of Home Buyers, to a 1 existing iron rod, then North 82 51 42 East 146.32 feet, along the line of Home Buyers, to a found Axle, located at the southern most corner of Lex C Wright and wife, Mary A Wright (DB 729, Pg 767), then North 82 00 03 East 267.19 feet, along the line of Larry Evans and wife, Martha Evans (DB 720, Pg 493) to a 3/4 existing iron pipe, then North 81 57 59 East 101.26 feet, along the line of Nancy L. Long and husband, Wayne C. Long (DB 833, Pg 1354 (Tract 6)), then South 69 34 25 East 667.94 feet, along the line of Long to a 3/4 existing iron pipe, located at a corner of Toolcraft, Inc. of North Carolina (DB 915, Pg 592), then South 68 02 39 East 145.10 feet, along the line of Toolcraft, to a 1/2 existing iron pipe, located at a corner of A & G Terminals, LLC (DB 961, Pg 686), then South 68 03 38 East 340.79 feet, along the line of A & G, to a 1/2 existing iron pipe in the line of Charles V. Hicks and wife, Virginia C. Hicks (DB 670, Pg 302), then South 30 16 07 West 505.00 feet, along the line of Hicks, to a 1/2 iron pin set, on the north bank of a creek, then South 30 16 07 West 21.26 feet, along the line of Hicks, to a point in the center line of a creek and the northern right of way margin of Interstate Highway 40, next 9 calls border a 2.166 acres, being Tract 3 on survey (See DB 735, Pg 1195): then North 56 47 01 West 122.03 feet to a point; then North 77 57 43 West 64.79 feet to a point, then North 56 12 40 West 160.10 feet to a point, then North 82 11 35 West 36.61 feet to a point, then South 82 23 22 West 183.42 feet to a point, then North 80 30 30 West 54.70 feet to a point, then South 68 32 29 West 107.61 feet to a point, then South 47 01 40 West 126.82 feet to a point, then South 67 25 35 West 98.49 feet to a point in the center line of a creek in the northern right of way margin of Interstate Highway 40, then North 74 10 42 West 93.06 feet to a concrete right of way monument, then South 77 51 50 West 68.92 feet to a point in the center line of a creek in the northern right of way margin Interstate Highway 40, next 14 calls border a 0.549 Acre, being Tract 2 on the survey (see DB 735, Pg 1195): then North 29 10 37 West 27.02 feet to a point, then North 42 19 47 West 26.58 feet to a point, then North 62 01 32 West 21.74 feet to a point, then North 78 26 49 West 65.81 feet to a point. then South 81 58 18 West 79.69 feet to a point, then South 77 47 28 West 76.30 feet to a point, then North 65 05 58 West 57.23 feet to a point, then South 84 46 04 West 61.53 feet to a point, then South 80 00 55 West 52.01 feet to a point then North 80 22 45 West 44.39 feet to a point, then South 55 33 34 West 33.51 feet to a point, then South 28 59 46 West 27.54 feet to a point, then North 78 10 05 West 31.74 feet to a point, then South 57 37 57 West 12.05 feet to a point in the centerline of a creek on the northern margin of the right of way of Interstate Highway 40, then North 86 15 21 West 174.45 feet to a concrete right of way monument, then South 75 48 56 West 210.12 feet, with fence line on the northern right of way margin of Interstate Highway 40, to a concrete right of way monument, located in the line of Saad Resources, Inc. (DB 926, Pg 784), then North 34 35 18 East 156.35 feet, along the line of Saad Resources, to a Stone (found), located at the southern most corner of Berl O. Childers, and wife, Audrey R. Childers (DB 609. Pg 131), then North 29 20 38 East 119.54 feet along the line of Childers, to a 3/4 existing iron pip, then North 53 10 01 West 545.83 feet, along the line of Childers, to the point of BEGINNING, contacting 29.063 acres (1,265.997.9 Sq. Ft.).

TRACT 2:

BEGINNING at the point located in the center line of a creek located in the northern right of way margin of Interstate Highway 40, said Beginning point located South 77 51 50 West 68.92 feet from a Concrete Right of Way Monument located in the northern margin of Intersate Highway 40; the next 14 calls border a 29.063 acre tract, being Tract One on the survey used to draft this description. Then North 29 10 37 West 27.02 feet to a pointl; then North 4219 47 West 26.58 feet to a point; then North 62 01 32 West 21.74 feet to a point; then North 78 26 49 West 65.81 feet to a point; then South 81 58 18 West 79.69 feet to a point; then South 77 47 28 West 76.30 feet to a point; then North 65 05 58 West 57.23 feet to a point; then South 84 46 04 West 61.53 feet to a point; then South 80 00 55 West 52.01 feet to a point; then North 80 22 45 West 44.39 feet to a point; then South 55 33 34 West 33.51 feet to a point; then South 28 59 46 West 27.54 feet to a point; then North 78 10 05 West 31.74 feet to a point; then South 57 37 57 West 12.05 feet to a point in the centerline of a creek on the northern margin of the right of way of Interstate Highway 40; then South 86 15 21 East 476.55 feet, along the northern right of way margin of Interstate Highway 40, to a 1/2 Iron Pin Set, located at a bend in the Right of Way fence; then North 77 51 50 East 84.99 feet, along the northern right of way margin of interstate Highway 40, to the BEGINNING, containing 0.549 Acres (23,925.8 Sq. Ft.).

TRACT 3:

BEGINNING at a point in the centerline of a creek and being located on the northern right of way margin of Interstate Highway 40 and being the south west corner of Charles V. Hicks and wife, Virginia C. Hicks (DB 670, Pg 302); the next 9 calls border a 29.063 acre tract, being Tract One on the survey used to draft this description, then North 56 47 01 West 122.03 feet to a point; then North 77 57 43 West 64.79 feet to a point; then North 56 12 40 West 160.10 feet to a point; then North 82 11 35 West 36.31 feet to a point; then South 82 23 22 West 183.42 feet to a point; then North 80 30 30 West 54.70 feet to a point; then South 68 32 29 West 107.61 feet to a point; then South 47 01 40 West 126.82 feet to a point; then South 67 25 35 West 98.49 feet to a point in the center line of a creek in the northern right of way margin of Interstate Highway 40; then South 74 10 42 East 10.84 feet to a concrete right of way monument located in the northern right of way margin of the Interstate Highway 40: then South 89 29 34 East 844.03 feet to a point in the center line of a creek in the northern right of way margin of Interstate Highway 40, being the BEGINNING; this description taken from a survey, entitled Survey for A.M Rowe Estate by Ronny A. Childres, PLS No. L-1204, dated May 10. 2002. Drawing No.: 3049/ Tax ID # 99-42-3-8 & 99-48-1-2-3 / NOTE ON THE SURVEY THE ABOVE DESCRIBED TRACT IS LABELED TRACT THREE.

Parcel ID # No. 26262, 37768, 15524

Being all or portion of that property described in that deed recorded in Book 2618 at Page 834, Burke County Public Registry.

The above described property does X does not include the primary residence of the Grantor.

TO HAVE AND TO HOLD the aforesaid lot or parcel of land and all privileges and appurtenances thereto belonging to the Grantee in fee simple.

And the Grantor covenants with the Grantee, that Grantor is seized of the premises in fee simple, has the right to convey the same in fee simple, that title is marketable and free and clear of all encumbrances, and that Grantor will warrant and defend the title against the lawful claims of all persons whomsoever except for the exceptions hereinafter state.

This conveyance made subject to all easements and other matters shown on the recorded plat hereinabove referred to and restrictive covenants and easements appearing of record in the Burke County Registry, and all amendments thereto which may appear of record.

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