Highland Ave Mount Holly, NC 28120
- Land
- 8.60 lot acres
Current Use by Public Records
- Land
Property Details for 0 Highland Ave
- Lot size
- 8.60 lot acres
- Property type
- Land
Description
This exceptional 8.6-acre property, located at 0 Highland Ave, Mount Holly, NC 28120, presents a unique investment opportunity. Situated on Highland Street, a major north-south route through Mount Holly, this land boasts approximately 1860 linear feet of frontage on Highland Avenue and over 2000 linear feet of waterfront access to Dutchman Creek. The property is zoned Residential, offering diverse development possibilities. While commercial development may require engineering considerations due to the creek's flood area, its prime location on a busy corridor presents significant potential. The land's history includes prior sand mining operations, with the seller providing documentation indicating substantial remaining sand reserves, potentially yielding millions of dollars in revenue. This presents an alternative investment path for a savvy investor. The extensive creek frontage also lends itself to the creation of a greenway or community retreat, requiring vision and development. This one-of-a-kind property offers a rare blend of commercial and recreational potential, making it an exceptional investment in a desirable location. The asking price is $1,350,000. The property has been owned for over a year.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mount Holly
- County
- Gaston
- State
- North Carolina
- Longitude
- -81.0125
- Latitude
- 35.297
