201 MONTGOMERY RD EXTENSION
Mooresboro Land | 286 acres
Marketing description
Ascent Real Estate Partners is pleased to present exclusively for sale the 286 acres of raw land at 201 Montgomery Rd Extension in Mooresboro, NC. This deal includes a land development opportunity that offers a very unique position within the radius of Spartanburg’s Market; this site is positioned next to the zinc metal plant and provides a development opportunity that could act in conjunction with the Upstate Cooperate Park as an industrial/distribution hub, supporting the Spartanburg and Asheville markets as well as Charlotte’s massive submarkets.
Investment highlights
• Highest & Best Use - this deal originated and was approved by duke power as a solar farm; since the conception of the idea, the planning and preparation were steady and strong, until the onslaught of covid slowed down the final stages; ultimately, the project was terminated on the solar investments sides. The project is still very much a viable option and would generate an enormous leasing opportunity as well as a large tax advantage
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