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    540 Canterbury Rd Kings Mountain, NC 28086

    Sponsored
    For Sale
    $890,000

    7.12 Acres, I-85 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.12-acre industrial land parcel, located at 540 Canterbury Road in Kings Mountain, North Carolina, presents a unique investment opportunity. Currently zoned LI (City of Kings Mountain/Gaston County), the property offers significant potential for various developments. The site boasts convenient water access directly on Canterbury Road and enjoys excellent visibility from Interstate 85, ensuring high traffic exposure. Preliminary plans suggest the potential for a substantial 42,000 square-foot industrial building, perfectly suited for a variety of commercial uses. Alternatively, the property could be rezoned to SU C (Semi-Urban Residential, Cluster) to accommodate townhome development, providing flexibility for diverse investment strategies. The property's prime location in Gaston County, with its convenient access to major transportation routes, makes it an attractive option for businesses seeking a strategic foothold in a growing market. The asking price is $890,000, and the APN is 312837. This is a rare opportunity to acquire a large, well-located parcel with significant development potential. Don't miss out on this chance to secure a valuable asset in a thriving area.

    Property Features for 540 Canterbury Rd

    General Information

    Property type
    Land
    Lot Size
    310,147 SF

    HighLights

    • 7.12‑acre industrial land parcel in Kings Mountain, NC.
    • Currently zoned LI (City of Kings Mountain/Gaston County), with potential for rezoning to SU C (Semi‑Urban Residential, Cluster).
    • Excellent I‑85 visibility and convenient water access.
    • Proposed 42,000 SF industrial building or townhome development.
    • Asking price: $890,000; APN: 312837.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kings Mountain
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.318015157979
    Latitude
    35.237043319624

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    FAQs

    What type of property is this?
    Land - 7.12 Acres, I-85 Visibility
    Where is this land located?
    The property is located at 540 Canterbury Rd Kings Mountain, NC.
    What is the asking price?
    The asking price for this property is $890,000.
    What are key features of this property?
    This property features: 7.12-acre industrial land parcel in Kings Mountain, NC.; Currently zoned LI (City of Kings Mountain/Gaston County), with potential for rezoning to SU C (Semi-Urban Residential, Cluster).; Excellent I-85 visibility and convenient water access.
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    Kings Mountain, NC 28086
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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
    540 Canterbury Rd Kings Mountain, NC 28086
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