Property profile

0 Us-321 Gastonia, NC 28052

OFF-MARKET
Land
8.5 ac lot
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Property summary

AI-generated overview

This exceptional 8.5-acre commercial land parcel presents a compelling investment opportunity. Strategically located on the southbound side of Highway 321 (York Highway) in Gastonia, North Carolina, at the North Carolina/South Carolina state line, this property boasts a prime location with high visibility. The parcel is zoned C-2, offering a wide range of development possibilities. The land itself has undergone significant preparation, with select cutting and underbrush clearing already completed. A substantial portion of the acreage is level or near road level, simplifying development. Essential utilities, including water and sewer, are readily available. Adding to its appeal, this property is situated within an Opportunity Zone, providing potential tax advantages. Note that an additional, adjacent 8+ acre parcel in York County, South Carolina, zoned U-D, is also available for purchase separately. The North Carolina parcel's Assessor's Parcel Number (APN) is 147878. This property is priced at $419,900. The combination of location, zoning, and site preparation makes this an attractive proposition for discerning investors and developers.

Property profile

Verified
Property type Land
Lot 8.5 ac (370,260 SF)

Cap rate & NOI

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

Location

Us-321 Gastonia, NC 28052
Gastonia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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