Property profile

540 Canterbury Rd Kings Mountain, NC 28086

OFF-MARKET
Land
7.12 ac lot
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Property summary

AI-generated overview

This exceptional 7.12-acre industrial land parcel, located at 540 Canterbury Road in Kings Mountain, North Carolina, presents a unique investment opportunity. Currently zoned LI (City of Kings Mountain/Gaston County), the property offers significant potential for various developments. The site boasts convenient water access directly on Canterbury Road and enjoys excellent visibility from Interstate 85, ensuring high traffic exposure. Preliminary plans suggest the potential for a substantial 42,000 square-foot industrial building, perfectly suited for a variety of commercial uses. Alternatively, the property could be rezoned to SU C (Semi-Urban Residential, Cluster) to accommodate townhome development, providing flexibility for diverse investment strategies. The property's prime location in Gaston County, with its convenient access to major transportation routes, makes it an attractive option for businesses seeking a strategic foothold in a growing market. The asking price is $890,000, and the APN is 312837. This is a rare opportunity to acquire a large, well-located parcel with significant development potential. Don't miss out on this chance to secure a valuable asset in a thriving area.

Property profile

Verified
Property type Land
Lot 7.12 ac (310,147 SF)

Cap rate & NOI

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

Location

540 Canterbury Rd Kings Mountain, NC 28086
Kings Mountain metro
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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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