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    Wellington Way Littleton, NC 27850

    Sponsored
    For Sale
    $99,500

    Prime Commercial Lot, Lake Gaston Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land parcel, located on Wellington Way in Littleton, North Carolina (zip code 27850), presents a unique investment opportunity. Priced at $99,500, this property boasts Eaton Ferry Road frontage, placing it in the heart of the Northeast quadrant of Lake Gaston. Its strategic location offers high visibility and accessibility, situated next to a Pit Stop gas station and diagonally across from a Food Lion shopping center. This area serves as a central hub for the Lake Gaston community, benefiting from a high concentration of restaurants, grocery stores, marinas, coffee shops, and churches, ensuring substantial foot traffic. The Wellington Way subdivision provides essential infrastructure, including county water taps and a paved road system. Furthermore, the recent establishment of new businesses in the area has resulted in the availability of 3-phase power. Existing businesses such as Lake Gaston Coffee Company and Ricks Upholstery further demonstrate the area's established commercial activity and growth potential. The lot's size allows for a variety of commercial ventures, and an adjacent lot (Lot 3) is also available for purchase, providing the potential for expansion or a larger footprint. This property is ideal for entrepreneurs seeking to establish a new business in a thriving lakeside community.

    Property Features for 0 Wellington Way

    General Information

    Property type
    Land

    HighLights

    • $99,500 commercial land parcel in Littleton, NC (27850).
    • Eaton Ferry Road frontage in the Northeast quadrant of Lake Gaston, offering high visibility and accessibility.
    • Located near a Pit Stop gas station and diagonally across from a Food Lion, in a high‑traffic area with numerous restaurants, stores, and marinas.
    • Wellington Way subdivision offers county water and paved roads; 3‑phase power available.
    • Adjacent lot (Lot 3) also available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Littleton
    County
    Warren
    State
    North Carolina
    Longitude
    -77.9413006
    Latitude
    36.5311248

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, Lake Gaston Area
    Where is this land located?
    The property is located at Wellington Way Littleton, NC.
    What is the asking price?
    The asking price for this property is $99,500.
    What are key features of this property?
    This property features: $99,500 commercial land parcel in Littleton, NC (27850).; Eaton Ferry Road frontage in the Northeast quadrant of Lake Gaston, offering high visibility and accessibility.; Located near a Pit Stop gas station and diagonally across from a Food Lion, in a high-traffic area with numerous restaurants, stores, and marinas.
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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
    Wellington Way Littleton, NC 27850
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