72.65 acres located within 1/8th mile of Western Carolina University and situates inside the Opportunity Zone. If someone is looking for a development project with long term tax benefits this one will be impossible to beat. This tract also offers a an opportunity to place a conservation easement on the tract or with 5000' of stream it is well suited for stream mitigation credits. So, if someone is seeking relief from a recent Capital Gain the Opportunity Zone can handle that issue and the conservation easement will afford tax credits. Situated in the incorporated Village of Forest Hills and in the Cullowhee community. Cullowhee was recently recognized by the Walton Family Foundation as the 13th "Most Dynamic Micropolitan in the Country". Current land plan in review process with governing bodies, but at a point in which plan can be modified to suit developer needs. Public water and sewer accessible, high speed internet and very gentle topography. Property was originally a Nine Hole Par Three Golf Course. Perfectly situated for a mixed use development with light retail, apartments, Long Term Care Facility, townhouses, cottages and single family. The possibilities are limitless. In process to obtain zoning permit for Multi-Use.
From Asheville I40 West to Hwy 74 West to Sylva. Continue on Asheville Hwy to E. Main St through Sylva to Cullowhee and WCU. Turn rt at Forest Hills sign and continue on N. Country Club Drive.