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    OFF-MARKET
    Land

    0 Wellington Way, Littleton, NC 27850

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    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    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
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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