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    1031 Exchange Industrial Property
    Updated: Dec 2, 2024
    1031 Exchange Industrial Property

    501 N Mountain Street, Cherryville, NC 28021

    $1,700,000
    4.97 AC lot
    4.97‑acre mill property with approved RMF zoning
    More than 996 feet of road frontage
    Historic building constructed in 1900
    Exposed brick, large wood beams, and soaring ceilings
    Approximately 0.4 miles from developing downtown Cherryville
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    See hot listings in Cherryville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cherryville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled Flex Space
    Remodeled Flex Space

    733 W Stone Drive, Kingsport, TN 37660

    $1,265,000
    8,760 sqft 1.04 AC lot

    Interior is divided into five units for service, retail, office, and specialty-store uses.

    View details
    Fully Occupied Quadplex
    Fully Occupied Quadplex

    714 Mapleoak Ln, Kingsport, TN 37660

    $355,000
    2,240 sqft

    Four separately metered units include off-street parking and 2025 sewer and water line replacements.

    View details
    Highway-Frontage Flex Space
    Highway-Frontage Flex Space

    3750 Nc Highway 90 E, Hiddenite, NC 28636

    $350,000
    4,200 sqft 1.37 AC lot

    Mixed-use zoning and a net-lease structure support occupancy secured through September 2030.

    View details
    Leased Flex Space on Highway Frontage
    Leased Flex Space on Highway Frontage

    3750 E NC 90 Highway, Hiddenite, NC 28636

    $350,000
    1.37 AC lot

    Fully occupied commercial property with mixed-use zoning and a net-lease structure extending through September 2030.

    View details

    Cherryville, NC 1031 Exchange Properties Market Trends and Statistics

    Explore 1 1031 exchange properties for sale in Cherryville, NC on our real estate platform.

    Sale prices for 1031 exchange properties in Cherryville, NC average $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    1031 exchange properties 1
    NNN properties 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) -2.3%
    Median Household Income $57,652
    College Educated 27.8%

    High-Yield Neighborhoods for Investment

    Identify Cherryville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28021 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $16.74 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gaston County

    New Delisted

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