Property profile

506 Oakland Dr Lowell, NC 28098

OFF-MARKET
Land
7.73 ac lot
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Property summary

AI-generated overview

This exceptional 7.73-acre industrial land parcel is ideally situated in Lowell, Gaston County, North Carolina, in a high-demand area between Charlotte and Belmont. The property, located at 506 Oakland Dr, boasts a coveted Industrial zoning designation, offering significant development potential for a variety of industrial uses. The expansive lot size provides ample space for construction or expansion of existing facilities. Its strategic location provides easy access to major transportation routes, facilitating efficient logistics and distribution. This presents a rare opportunity to acquire a substantial tract of land in a thriving industrial corridor. The asking price for this prime property is $525,000. While the listing focuses on the 7.73-acre parcel at 506 Oakland Dr, the possibility of acquiring additional adjacent land parcels exists, details of which are available upon request. This presents a unique chance to secure a larger footprint in this desirable location. The zip code for this property is 28098. Serious inquiries are encouraged to explore this exceptional investment opportunity. The property's coordinates are 35.2756162 latitude and -81.1067653 longitude.

Property profile

Verified
Property type Land
Lot 7.73 ac (336,719 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

506 Oakland Dr Lowell, NC 28098
Lowell metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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