Entitled Residential Development
For Sale
$130,000
000 E Spencer Avenue, Gastonia, NC 28054
Three side-by-side buildable lots with recorded plat and completed entitlement for new construction development.
Property SizeContact for details
Days on Market60
Property Features for 000 E Spencer Avenue
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Zoning
RMST
Listing Agency:
DALTON WADE, INC.
(888) 668-8283
Listed By:
MARINETTA MATTHEWS · License #A7244
Source:
Corcoran
Added: Jun 11
Changed: Aug 8
Last Checked: Jul 16 at 7:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DALTON WADE, INC.
Investment Insights
Based on property information with market context.
The offering consists of three side-by-side buildable lots in the Town of Ranlo. A plat has been recorded to subdivide the parent parcel (Book 112, Page 98), and the subdivision is described as not yet reflected on GIS. Entitlement work is complete and the lots are ready for development, with the property positioned for either for-sale or rental new construction.
Development is supported by the current RMST zoning, under which duplexes are permitted by-right. The seller notes this by-right allowance provides increased density across all three lots.
For builders and developers, the combination of recorded subdivision documentation and completed entitlement can support a straightforward path to vertical construction, including duplex product, across the full set of adjacent lots. The side-by-side configuration may also appeal to buyers seeking to aggregate buildable land for a cohesive new construction plan within the RMST framework.
Development is supported by the current RMST zoning, under which duplexes are permitted by-right. The seller notes this by-right allowance provides increased density across all three lots.
For builders and developers, the combination of recorded subdivision documentation and completed entitlement can support a straightforward path to vertical construction, including duplex product, across the full set of adjacent lots. The side-by-side configuration may also appeal to buyers seeking to aggregate buildable land for a cohesive new construction plan within the RMST framework.
Key Highlights
- Three side‑by‑side buildable lots in the Town of Ranlo
- Recorded plat to subdivide the parent parcel (Book 112, Page 98); not yet reflected on GIS
- Entitlement work complete and ready for development
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
Explore this area
Business Placement
Demographics for 28054, NC
40,548
Population
18,351
Households
2.2
Avg Household Size
40
Median Age
25%
College-Educated
90%
High-School Grad
19.3 sq mi
ZIP Area
2,101
Density / Sq Mi
$59,524
Median Household Income
$39,883
Median Earnings
$1,150
Median Rent
$220,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three side-by-side buildable lots with recorded plat and completed entitlement for new construction development.
Where is this residential land & home lot located?
The property is located at 000 E Spencer Avenue Gastonia, NC.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Three side‑by‑side buildable lots in the Town of Ranlo; Recorded plat to subdivide the parent parcel (Book 112, Page 98); not yet reflected on GIS; Entitlement work complete and ready for development
