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    5 Wellington Way Littleton, NC 27850

    Sponsored
    For Sale
    $72,000

    Prime 1.9-acre lot, Hwy 903 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.9-acre commercial lot presents a remarkable opportunity for businesses seeking high visibility and convenient access in the thriving Lake Gaston business district. Located on Highway 903, this property boasts approximately 240 feet of road frontage, ensuring excellent exposure to a steady stream of traffic. Its strategic position next to a well-established Pit Stop gas station and convenience store further enhances its appeal and potential for attracting customers. The lot is situated on a paved road and offers the convenience of a county water tap, simplifying the development process. While a septic system will be required, the existing infrastructure significantly reduces the initial investment needed. An intriguing possibility exists for an easement from the adjacent Pit Stop gas station, providing additional access and flexibility

    Property Features for 5 Wellington Way

    General Information

    Property type
    Land
    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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    FAQs

    What type of property is this?
    Land - Prime 1.9-acre lot, Hwy 903 frontage.
    Where is this land located?
    The property is located at 5 Wellington Way Littleton, NC.
    What is the asking price?
    The asking price for this property is $72,000.
    Request Owner's contact information
    5 Wellington Way Littleton, NC 27850
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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
    5 Wellington Way Littleton, NC 27850
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