Gibbs Mountain Family Limited Partnership

Attention INVESTORS and DEVELOPERS---MAKE MONEY WITH THIS TRACT OF LAND. This 372-acre tract of land is HIGHLY DEVELOPABLE and lends itself to division into small acreage tracts and mini-farms. You can AVOID THE HIGH COSTS OF DIVISION AND ROAD BUILDING by keeping your smallest tract at a size slightly greater than ten (10) acres. This both circumvents the requirements of the McDowell County Subdivision Ordinance and eliminates the necessity of building a paved road to NCDOT standards and “giving” it to the State of North Carolina. This also lowers the costs and puts the purchase of smaller tracts into a LARGER MARKET. This is approximately 372 Acres of HARDWOOD TIMBERLAND, located on a PAVED STATE ROAD (Randolph Road) in McDowell County, NC.; IDEAL FOR DIVISION INTO 10-20-30 ACRE AND LARGER TRACTS WITH GRAVEL ROAD ACCESS AVOIDING REQUIREMENTS OF THE COUNTY SUBDIVISION ORDINANCE. There is approximately 1070 feet road front access on this Hardwood Timberland, located on paved State Road (Randolph Road) in McDowell County, NC. There is a Woods Road system and at least TWO sizable creeks on the level with sloping land mostly in the southwest having high points with views. You can fill a market niche for 10-, 20-, 30-acre and various random-sized tracts in this rural area located in Nebo Township of McDowell County between Marion and Morganton, North Carolina! Your main costs will be surveying and building a serviceable gravel road which can be put under an appurtenant Road Maintenance Agreement which will meet the requirements of the NC Subdivision Streets Disclosure Act of 1975. The smaller tracts may also lend themselves to Contract Sales! DO NOT LET THE ASKING PRICE SCARE YOU AWAY. It is just that…an “ASKING PRICE!” That asking price is $2,686,000.00 NEGOTIABLE!!! WE INVITE OFFERS AND WILL GIVE DUE CONSIDERATION TO ANY BONAFIDE OFFER. This 0.58 square mile of land has marked and painted boundary lines which are posted with boundary signs. The majority of the boundary was surveyed and marked many years ago. A Detailed Boundary Reconnaissance Map by mapping-grade GPS receiver is available on 370 acres. The road frontage has a recorded plat. There is ABUNDANT WILDLIFE including deer, bear, turkey and bobcat. Asking Price is NEGOTIABLE!!! DON'T BE AFRAID TO MAKE AN OFFER. C.J. Saunders, Jr., is the Seller's Exclusive BROKER. cjslts1 at bellsouth.net SHOWN BY APPOINTMENT ONLY. It will take a day to see it.