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    OFF-MARKET
    Land

    540 Canterbury Rd, Kings Mountain, NC 28086

    7.12 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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