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Property profile & analytics
OFF-MARKET
Land

0 Pine Top Dr Gastonia, NC 28054

22 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 22-acre parcel in Gastonia, North Carolina, presents a remarkable development opportunity. Located on Pinetop Drive, this property boasts convenient access, situated just two miles from I-85 and 321, offering a quick 30-minute commute to Charlotte. The land is zoned for residential use, allowing for the development of either single-family homes or multi-family apartments, with potential for 12,000 sq ft lots. Water and sewer are already on-site, simplifying the development process. The location is highly desirable, with proximity to essential amenities including grocery stores, pharmacies, and restaurants. Gaston County is experiencing significant population growth, making this a particularly attractive investment. Furthermore, the property is conveniently located near Gaston Memorial Hospital, Crowders Mountain State Park, and Two Kings Casino. The City of Gastonia maintains full zoning authority. Access to the property is straightforward, as it's located at the end of Pinetop Drive. The property is currently vacant, although there is approximately 4-5 feet of mulch that was previously dumped on the site. The sellers are open to discussing options regarding its removal. The asking price for this exceptional development opportunity is $768,000.

Property profile
Verified
Property type Land
Lot 22 ac (958,320 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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