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Former School Campus with Gymnasium
For Sale
$750,000

1318 Ostwalt Amity Road, Cleveland, NC 27013

Commercial Sale, Cleveland, NC

Property Size21,900 SF
Lot Size5.27 Acres
Price / SF$34.25
Days on Market177

Property Features for 1318 Ostwalt Amity Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning RA
Zoning description RA
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bathroom 3
Parking features RV, Garage - Detached, Driveway
Fencing Chain Link, Fenced
Appliances Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
Lot features Cleared, Level
Directions From Statesville, take I-40 W to Exit 154 (Old Mocksville Rd). Head north, then turn left onto Amity Hill Rd. Continue onto Ostwalt Amity Rd. Property is located in northern Iredell County near Cleveland, NC and will be on the right.
Standard status Active
APN 4761-93-1928.000
Lot size 5.27 Acres

Taxes and HOA fees

Tax Description SR 1001
Legal Description SR 1001

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Well

Amenities

12-foot ceilings
grand archways
maple hardwood floors
fully fenced with two large access gates

Building Details

Year built 1920
Flooring type Wood
Building materials Brick Full
Roof type Shingle
Listing Agency: NorthGroup Real Estate LLC
Listed By: Elisha Scott
Added: Apr 21 Changed: Oct 13 Last Checked: Oct 14 at 11:06PM
MLS# 4364767

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This former school campus in Iredell County spans 5.27 acres and includes approximately 22,000 square feet across several structures. The original main building offers approximately 7,900 square feet of heated and cooled space, with 12-foot ceilings, archways, and maple hardwood floors. An attached gymnasium/auditorium complements the main building, while an additional 14,000 square feet of masonry-and-steel construction adds substantial area for restoration or adaptive reuse. Portions of the property need roof replacement and other improvements; the roof over the main building and attached gymnasium/auditorium was replaced approximately seven years ago.

The grounds are fully fenced and have two large access gates. The property is zoned Residential Agricultural (RA).

Key Highlights

  • 5.27 acres with fully fenced grounds and two large access gates
  • Approximately 22,000 square feet across the campus
  • Main building has approximately 7,900 square feet of heated and cooled space

Property Analytics

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Current Use

Schools

Suggested Use

Top Pick Auto Repair Shop Garden Center Kitchen & Bath Showroom Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 27013, NC

6,257
Population
2,681
Households
2.3
Avg Household Size
42
Median Age
15%
College-Educated
90%
High-School Grad
75.4 sq mi
ZIP Area
83
Density / Sq Mi
$67,443
Median Household Income
$41,075
Median Earnings
$790
Median Rent
$196,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
School - RA-zoned grounds include a preserved main building and substantial masonry-and-steel space requiring restoration.
Where is this school located?
The property is located at 1318 Ostwalt Amity Road Cleveland, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5.27 acres with fully fenced grounds and two large access gates; Approximately 22,000 square feet across the campus; Main building has approximately 7,900 square feet of heated and cooled space
More about this property
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