0 Hickory Grove Rd Gastonia, NC 28120
This exceptional 1.2-acre parcel, located on Hickory Grove Rd in Mt. Holly, Gaston County, NC (zip code 28120), presents a rare investment opportunity. Currently zoned R-1, this nearly rectangular lot boasts significant road frontage: approximately 287 feet on Hickory Grove Road, plus an additional 175 feet and 210 feet of frontage on two adjacent side streets. The property's dimensions are roughly 275 feet across the back. Comprising two parcels (APN 179286 and 179287), totaling 1.2 acres (0.55 acres and 0.65 acres respectively), the land is being sold as a single unit. Its strategic location within a mixed-use and rapidly developing area makes it highly attractive for developers and investors seeking diverse zoning and usage possibilities. The asking price is $325,000. The seller requires the sale of both parcels together. This property offers substantial potential for future development given its size and prime location. The latitude and longitude coordinates are 35.30771855795337 and -81.0780439816747, respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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