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    2922 Union Rd Gastonia, NC 28054

    Sponsored
    For Sale
    $895,000

    10.66 Acres, Union Road Development

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 10.66-acre commercial parcel presents a prime development opportunity on highly desirable Union Road in Gastonia, NC. The property boasts approximately 340 feet of road frontage, providing excellent visibility and accessibility. Previously improved with residential structures, the land is now cleared at the front, featuring a circular driveway for convenient access. While currently zoned residential, the cleared site is ready for immediate development, offering significant potential for various commercial uses. The property's strategic location offers close proximity to Martha Rivers Park and its recreational amenities, along with a variety of shopping, dining, and business options. Adding to its appeal, the property backs up to the gated Heatherloch neighborhood, providing a desirable backdrop. A well is currently installed on the site, although city water is also readily available. The remaining smaller storage shed/garage structures on the property are not factored into the asking price of $895,000. This is a rare opportunity to acquire a substantial, cleared commercial lot in a thriving Gastonia location. The site's size, location, and accessibility make it an ideal investment for developers seeking a high-impact project. Don't miss this chance to secure this exceptional property and capitalize on its immense potential.

    Property Features for 2922 Union Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    464,350 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Gastonia
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.16778
    Latitude
    35.21841

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    FAQs

    What type of property is this?
    Commercial real estate - 10.66 Acres, Union Road Development
    Where is this commercial real estate located?
    The property is located at 2922 Union Rd Gastonia, NC.
    What is the asking price?
    The asking price for this property is $895,000.
    (704) 868-4188
    Request Owner's contact information
    2922 Union Rd Gastonia, NC 28054
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    Gastonia, NC 28054
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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
    2922 Union Rd Gastonia, NC 28054
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