280 S Broad Street
Brevard, NC, 28712 $ 3,900,000
Bedrooms-- Baths-- Monthly Estimate*
$ 26,936
for $3,900,000. This building was built in 1964 on a lot size of 1.42.
Prime In-Town Development Opportunity – Fully Entitled 30-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 30-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 (30 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
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FeaturesGeneralSewer Public Sewer
Heating Electric
Roof Metal
Zoning DMX
Construction Materials Fiber Cement
Year Built 1964
Property Subtype Business
Parcel Number 8585-49-2890-000
Elevation 1500
Additional Parcels Description 8585-49-3865-000 8585-49-2924-000
County Transylvania
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial Development Industrial Multi-Family Residential
Directions From Main Street in Brevard continue onto South Broad Street and the building is on the right on the corner of Oakdale Street.
City Brevard
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Standard Status Active
Restrictions N/A
Tax Assessed Value 531550
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ExteriorParking Features Parking Lot
Lot Features Level
Water Source City
Inclusions Building Land
Lot Size Area 1.42
Foundation Details Slab
Number of Buildings 1
Road Surface Type Paved
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
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InteriorBasement (Y/N) N
Below Grade Finished Area 0
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* Excluded FeaturesList ByLooking Glass Realty, Connestee FallsBroker
Affordability Calculator
- Monthly Principal & Interest
- $26,936
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Brevard, NC
Average List Price $1,312,950
Percent of Sale Price 66%
About Brevard, NC 7,914 Population
14% Since 2002
$ 40,469 Median Income
41.35 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/31/2026 | $3,900,000 | -6.25% | Price Down |
| 12/8/2025 | $4,160,000 | | Listed Price |