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    2243 Lincolnton Hwy Cherryville, NC 28021

    Sponsored
    For Sale
    $125,000

    High-traffic lot, near Walmart!

    Property size:
    714 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional commercial property encompasses approximately 0.94 acres of land situated on the highly visible Lincolnton Highway in Cherryville, North Carolina. The property is comprised of two contiguous parcels, offering flexibility for development or expansion. Its strategic location is a significant advantage, being just half a mile from a major retail anchor, the Cherryville Walmart, ensuring high visibility and convenient access for potential customers. The property is zoned B3 Commercial, providing a wide range of permitted uses. City water and sewer services are readily available, simplifying the development process and reducing infrastructure costs. The high traffic count on Lincolnton Highway guarantees significant exposure for any business established on this site. This presents a rare opportunity to acquire a well-positioned commercial property in a thriving area, ideal for a variety of commercial ventures. The 714 square foot building offers potential for immediate use or redevelopment. The combined factors of location, zoning, and infrastructure make this a compelling investment opportunity. Serious inquiries are encouraged to explore the potential of this prime commercial land.

    Property Features for 2243 Lincolnton Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    714 SF
    Lot Size
    40,946 SF

    Building Details

    Year Built
    1988
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Pharmacy Auto Parts Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cherryville
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.34522
    Latitude
    35.39523

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic lot, near Walmart!
    Where is this commercial real estate located?
    The property is located at 2243 Lincolnton Hwy Cherryville, NC.
    What is the asking price?
    The asking price for this property is $125,000.
    (704) 482-7316
    Request Owner's contact information
    2243 Lincolnton Hwy Cherryville, NC 28021
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    Cherryville, NC 28021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2243 Lincolnton Hwy Cherryville, NC 28021
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