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    Cherryville, NC 1031 Exchange Properties for Sale

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    Fayetteville, NC Kings Mountain, NC Shelby, NC
    Historic Mill Redevelopment Opportunity
    $1,700,000
    4.97 Acres

    Historic Mill Redevelopment Opportunity

    501 N Mountain Street, Cherryville, NC 28021

    Redevelopment opportunity near downtown Cherryville with strong local support.

    • 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.
    Updated: Dec 2, 2024
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Cherryville, NC, we suggest exploring several alternatives:

    Cherryville, NC 1031 Exchange Properties Investment Opportunities Market Analysis

    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

    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 Strategic Investment

    Identify Cherryville submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

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