SALUDA HEIGHTS 0 SPARTANBURG HIGHWAY SALUDA, NC Michael Hoffman Broker of Record/Executive DirectorNC

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1 SALUDA HEIGHTS 0 SPARTANBURG HIGHWAY SALUDA, NC Michael Hoffman Broker of Record/Executive DirectorNC michael.hoffman@svn.com Kevin Jennings Advisor kevin.jennings@svn.com SVN BLACKSTREAM 18 SOUTH PACK SQUARE, ASHEVILLE, NC SALE BROCHURE

2 Property Summary OFFERING SUMMARY Sale Price: Lot Size: Zoning: PROPERTY OVERVIEW $995,000 SVN/Blackstream, LLC is pleased to offer this investment/development opportunity located in Saluda, NC. Saluda is a mountain oasis, with a picturesque Historic Downtown surrounded by rugged and accessible wilderness Acres Saluda Heights is a deed restricted property containing eleven homesites on approximately acres. All roads, curbs, and gutters are complete. Underground utilities, with city water, are stubbed to the lots. The lots are perked for septic R-3 The unencumbered fee simple interest of the property is available for conveyance. Property can maintain its current use and be developed to its full potential. The information contained herein was obtained from sources deemed reliable. However, SVN/Blackstream, LLC makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Market: Henderson County PROPERTY HIGHLIGHTS Submarket: Price / SF: Saluda $1.35 Located less than 1-mile from Historic Downtown Saluda Roads and underground utilities in place Scenic sloping wooded terrain with a secluded setting Less than 25 minutes from Asheville Regional Airport SALUDA HEIGHTS 0 SPARTANBURG HIGHWAY SALUDA, NC SVN BlackStream Page 2

3 Property Details SALE PRICE $995,000 LOCATION INFORMATION Building Name Saluda Heights Street Address 0 Spartanburg Highway City, State, Zip Saluda, NC County/Township Polk Market Henderson County Submarket Saluda Cross Streets Corsica Lane Road Type Highway Market Type Rural Nearest Highway US-176 Nearest Airport Asheville Regional Airport - 25 minutes away PROPERTY DETAILS Property Type Land Property Subtype Residential Zoning R-3 Lot Size Acres UTILITIES & AMENITIES Gas / Propane Propane Power Yes Amenities Deed restricted community. All roads, curbs, and gutters completed. Underground utilities in place. Drainage and erosion control completed. Electric and city water stubbed to lots. Lots perked for septic. LAND Number Of Lots 11 Best Use Single family or duplex Water Yes Telephone Yes Topography Sloping Soil Type Loam SALUDA HEIGHTS 0 SPARTANBURG HIGHWAY SALUDA, NC SVN BlackStream Page 3

4 Additional Photos SALUDA HEIGHTS 0 SPARTANBURG HIGHWAY SALUDA, NC SVN BlackStream Page 4

5 Location Maps SALUDA HEIGHTS 0 SPARTANBURG HIGHWAY SALUDA, NC SVN BlackStream Page 5

6 Demographics Map POPULATION 1 MILE 5 MILES 10 MILES Total population ,193 70,266 Median age Median age (Male) Median age (Female) MILE 5 MILES 10 MILES Total households 118 6,299 30,045 # of persons per HH Average HH income $53,408 $55,012 $57,048 Average house value $261,187 $312,961 $269,791 HOUSEHOLDS & INCOME * Demographic data derived from 2010 US Census SALUDA HEIGHTS 0 SPARTANBURG HIGHWAY SALUDA, NC SVN BlackStream Page 6

7 Saluda, NC SALUDA, NORTH CAROLINA As a Main Street America Affiliate, the City of Saluda is part of a national network of more than 1,200 neighborhoods and communities who share both a commitment to creating high-quality places and to building stronger communities through preservation-based economic development. Saluda is at the top of a sudden rise of 1,000 feet from the plains below. The original name of this spot was "Pace's Gap" or "Pace's Ridge," presumably from the Ransom Pace family who inhabited the area. Many original Saluda families were Scotch-Irish pioneers who left Pennsylvania around the time of the"whiskey Rebellion," which occurred in the early 1790's. John Poinsett built the first road over the Saluda Gap from the South, and in 1878 two houses were standing in the corporate limits of present-day Saluda. A significant change began with the completion of the Southern Railroad in 1878 when the first passenger train panted up the mountain and into Saluda on Independence Day of The Saluda Grade has a feature unmatched by any mainline east of the Rockies- a grade that drops 600 ft. to the mile! As you cross the bridge into town, you'll pass the Green River BBQ, a local watering hole, and follow the Norfolk Southern Railway tracks through town. The Public Library, Old Depot station, and City Hall buildings will greet you with the same style they greeted the original townspeople as they rode their horses into town. The many historical buildings are well blended with the newer additions to town to give Saluda that quaint rustic feel with a modern twist that "just feels like home." Roam the winding mountain back roads, amble the wilderness trails, picnic by the babbling creeks of the rolling terrain of the Blue Ridge Mountains. You'll know you're somewhere special as soon as you roll into downtown Saluda, NC. SALUDA HEIGHTS 0 SPARTANBURG HIGHWAY SALUDA, NC SVN BlackStream Page 7