Downtown Buildable Development
For Sale
$135,000
500 North Mountain Street, Cherryville, NC 28021
1.82-acre parcel with two existing addresses, utility taps, and options to subdivide into multiple lots.
Property SizeContact for details
Lot Size1.82 Acres
Days on Market343
Property Features for 500 North Mountain Street
General Information
Standard status
Active
Lot size
1.82 Acres
Property subtype
Land / Acreage
Additional Details
Utilities to Site
Yes
Amenities
No
Paved
Listing Agency:
Home-Land Realty, Inc.
(704) 643-0000
Listed By:
Katherine Lemmond Morrow Morrow · License #118612
(704) 643-0000
Source:
Compass
Added: Sep 7, 2025
Changed: Aug 8
Last Checked: Mar 25 at 7:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home-Land Realty, Inc.
Investment Insights
Based on property information with market context.
This offering is a 1.82-acre land parcel in downtown Cherryville that is ready to build, with the ability to be subdivided into three lots. The property includes two addresses (500 and 502 N Mountain Street) and, according to the seller, has two water taps and electricity already on site from prior structures. An old free-standing garage with a lean-to is present but has no value.
The seller notes that, per zoning and/or special permit, alternative uses may be available, including up to 14 townhomes, up to 5 duplexes (with two units per structure), or a bed & breakfast. Gaston County and the City of Cherryville have confirmed there is no minimum to build.
The location is described as convenient to restaurants, schools, churches, shopping, and a city park across from the high school. An additional note indicates William Beam Intermediate School serves grades 4 and 5.
The seller notes that, per zoning and/or special permit, alternative uses may be available, including up to 14 townhomes, up to 5 duplexes (with two units per structure), or a bed & breakfast. Gaston County and the City of Cherryville have confirmed there is no minimum to build.
The location is described as convenient to restaurants, schools, churches, shopping, and a city park across from the high school. An additional note indicates William Beam Intermediate School serves grades 4 and 5.
Key Highlights
- 1.82‑acre parcel in downtown Cherryville, ready to build or subdivide into 3 lots
- Two addresses for the parcel: 500 and 502 N Mountain Street
- Utilities on site: 2 water taps and electricity exist on the property from previous structures (per seller)
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Explore this area
Business Placement
Demographics for 28021, NC
13,669
Population
6,306
Households
2.2
Avg Household Size
44
Median Age
22%
College-Educated
89%
High-School Grad
58.8 sq mi
ZIP Area
232
Density / Sq Mi
$57,652
Median Household Income
$37,703
Median Earnings
$874
Median Rent
$196,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.82-acre parcel with two existing addresses, utility taps, and options to subdivide into multiple lots.
Where is this residential land & home lot located?
The property is located at 500 North Mountain Street Cherryville, NC.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 1.82‑acre parcel in downtown Cherryville, ready to build or subdivide into 3 lots; Two addresses for the parcel: 500 and 502 N Mountain Street; Utilities on site: 2 water taps and electricity exist on the property from previous structures (per seller)
