2922 Union Rd, Gastonia, NC 28054
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.