Property summary
This exceptional commercial land parcel, located on Wellington Way in Littleton, North Carolina (zip code 27850), presents a unique investment opportunity. Priced at $99,500, this property boasts Eaton Ferry Road frontage, placing it in the heart of the Northeast quadrant of Lake Gaston. Its strategic location offers high visibility and accessibility, situated next to a Pit Stop gas station and diagonally across from a Food Lion shopping center. This area serves as a central hub for the Lake Gaston community, benefiting from a high concentration of restaurants, grocery stores, marinas, coffee shops, and churches, ensuring substantial foot traffic. The Wellington Way subdivision provides essential infrastructure, including county water taps and a paved road system. Furthermore, the recent establishment of new businesses in the area has resulted in the availability of 3-phase power. Existing businesses such as Lake Gaston Coffee Company and Ricks Upholstery further demonstrate the area's established commercial activity and growth potential. The lot's size allows for a variety of commercial ventures, and an adjacent lot (Lot 3) is also available for purchase, providing the potential for expansion or a larger footprint. This property is ideal for entrepreneurs seeking to establish a new business in a thriving lakeside community.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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