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$4,160,000

Brevard, NC 28712
Listed by Jordan Clark · Looking Glass Realty, Connestee Falls
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1964

About this home

Prime In-Town Development Opportunity – Fully Entitled 32-Unit Townhome Project (Delivered at Closing) 280 S Broad Street, Brevard, NC 28712 Total Assemblage: ±1.42 Acres (3 Parcels) This ±1.42-acre, three-parcel assemblage represents one of the most strategically located development opportunities in Brevard. The seller currently owns two parcels (±1.05 acres) and is under contract to acquire the third parcel (±0.37 acres), with all three to convey together. At closing, the site can be delivered fully entitled for a 32-unit townhome community, giving a buyer a ready-to-execute project in a market with proven demand and limited supply. Positioned just three blocks from Main Street, the property benefits from DMX zoning, which allows a wide range of uses, including residential, mixed-use, multifamily, medical, office, hospitality, and commercial. The assemblage offers city utilities, level topography, and frontage along US-64, providing excellent access and visibility. Walkability to restaurants, retail, Brevard College, the future Ecusta Trail, and Transylvania Regional Hospital strengthens its desirability for both residential and commercial development. Two pricing models are available: $130,000 per entitled lot (32 total) or $175,000 per finished, build-ready pad. A rare opportunity to acquire a fully entitled, downtown-adjacent development site in one of Western North Carolina’s most supply-constrained and high-demand markets. Also listed as land MLS # 4327322. Reach out to Agent for the full pitch deck

Property details

MLS #
CAR4327300
Property type
Business
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Brevard Elementary
0.9 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
535
Student:teacher ratio
11.4:1
District
Transylvania County Schools
Middle
Brevard Middle
1.19 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
514
Student:teacher ratio
12.0:1
District
Transylvania County Schools
High
Brevard High
0.91 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
757
Student:teacher ratio
13.1:1
District
Transylvania County Schools

Mortgage calculator

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Est. monthly payment
$25,202/mo
$832,000 down
$3,328,000 loan
Principal & interest$21,585
Property tax (est.)$3,467
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated December 8, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.