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    FOR SALE
    Commercial real estate

    2922 Union Rd, Gastonia, NC 28054

    10.66 ac lot Built 2024
    Property ID
    US53-2104321
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    Year built 2024
    Lot 10.66 ac (464,350 SF)
    UPID US53-2104321
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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