1031 Exchange

Cherryville, NC 1031 Exchange Properties for Sale

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Fayetteville, NC Bessemer City, NC Kings Mountain, NC
Historic Mill Redevelopment Opportunity
Updated: Dec 2, 2024
Historic Mill Redevelopment Opportunity

501 N Mountain Street, Cherryville, NC 28021

$1,700,000
4.97 AC lot
Redevelopment Opportunity: Approved RMF zoning ideal for apartments, townhomes, or mixed‑use residential development.
Size and Space: Over 152,000 square feet on a 4.97‑acre lot.
Strategic Location: Situated just 0.4 miles from Cherryville's developing downtown.
Economic Growth Potential: Located in an area anticipating significant economic growth.
Historic Character: Features original exposed brick walls, large wooden beams, and soaring ceilings.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Cherryville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Maysville, GA Land Opportunity
Maysville, GA Land Opportunity

Edwin Reynolds Road, Maysville, GA 30558

$249,900
6.72 AC lot

6.72-acre tract suitable for commercial, industrial, or residential use.

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Maysville, GA Land Opportunity
Maysville, GA Land Opportunity

Edwin Reynolds Road, Maysville, GA 30558

$249,900
6.72 AC lot

6.72-acre tract suitable for commercial, industrial, or residential use.

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Summerville Quadplex: Investment Opportunity
Summerville Quadplex: Investment Opportunity

105 Magwood Drive, Summerville, SC 29485

$620,000
4,010 sqft · 0.49 AC lot

Well-maintained quadplex in a convenient Summerville location.

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Summerville Quadplex: Investment Opportunity
Summerville Quadplex: Investment Opportunity

107 Magwood Drive, Summerville, SC 29485

$620,000
4,010 sqft · 0.32 AC lot

Well-maintained quadplex in a convenient Summerville location.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land with Dual Road Frontage
Land with Dual Road Frontage

4 Lot #4 Near 5350 Silver Spoon Road, Whiteville, NC 28472

$51,000
3.08 AC lot

3.08 acres near Whiteville, NC, ideal for homestead or retreat.

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Private Acreage Near Cape Fear River
Private Acreage Near Cape Fear River

116 Branch Drive, Burgaw, NC 28425

$95,000
1.20 AC lot

1.2 acres with potential for investors or visionary buyers.

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Unrestricted Coastal Lot Near South River
Unrestricted Coastal Lot Near South River

126 Deer, Beaufort, NC 28516

Contact for pricing
0.37 AC lot

0.37-acre lot near South River, perfect coastal getaway.

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Perry, FL Land with Barns
Perry, FL Land with Barns

20357 Spoonbill Rd., Perry, FL 32348

$199,900
4.94 AC lot

Land with barns and RV hookups near Keaton Beach.

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Cherryville, NC 1031 Exchange Properties Market Trends and Statistics

Explore 1 1031 exchange properties for sale in Cherryville, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,700,000.

Sale prices for 1031 exchange properties in Cherryville, NC start at $1,700,000, averaging $1,700,000, and reaching up to $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

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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