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    Kings Mountain Hwy Bessemer City, NC 28016

    Sponsored
    For Sale
    $1,200,000

    27.86 Acres, I-2 Zoning, Hwy 74 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity: 27.86 acres of commercially zoned land (I-2) in Bessemer City, NC, situated on Kings Mountain Highway (Hwy 74) in Gaston County. This expansive parcel boasts approximately 300 feet of road frontage, offering significant visibility and accessibility. The property enjoys stunning views of Crowder's Mountain and is conveniently located near Interstate 85, providing easy access to major transportation routes. While currently lacking an assigned address, the land presents substantial development potential. An updated survey (completed December 2019) is available, detailing the 27.86-acre parcel (including PID 202156, sold as a single unit). The site is partially cleared and features upfitted access. Its proximity to Ed Sadler Elementary School adds to its appeal. The property's zoning allows for a diverse range of uses, including the possibility of outparcels, restaurants, hotels, or residential developments. The location is also advantageous given its proximity to the growing FUSE (Franklin Urban, Sports and Entertainment) area. A ground lease option may be considered, and co-op financing is a possibility. Motivated sellers are ready to review offers. Plat information is available via MLS 3532328. This is a rare opportunity to acquire a large tract of land in a rapidly developing area.

    Property Features for 0 Kings Mountain Hwy

    General Information

    Property type
    Land
    Lot Size
    1,213,582 SF

    HighLights

    • $1,200,000 asking price.
    • 27.86‑acre commercial, industrial, and residential land parcel.
    • I‑2 zoning; potential for rezoning.
    • Located on Kings Mountain Hwy (Hwy 74) in Bessemer City, NC, near I‑85.
    • Approximately 300 feet of road frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bessemer City
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.258786332378
    Latitude
    35.256605662425

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - 27.86 Acres, I-2 Zoning, Hwy 74 Frontage
    Where is this land located?
    The property is located at Kings Mountain Hwy Bessemer City, NC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; 27.86-acre commercial, industrial, and residential land parcel.; I-2 zoning; potential for rezoning.
    Request Owner's contact information
    Kings Mountain Hwy Bessemer City, NC 28016
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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
    Kings Mountain Hwy Bessemer City, NC 28016
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