2509 Lincolnton Hwy, Cherryville, NC 28021
This 0.78-acre commercial land parcel in Cherryville, NC, presents a unique investment opportunity. Located at 2509 Lincolnton Hwy (approx. 111,000 vehicles per day), it boasts excellent visibility and accessibility off NC-150. The property is situated minutes from the Carolina Lithium project, a significant development anticipated to create substantial job growth and population increase within the renowned Carolina Tin-Spodumene Belt. Its adjacency to a recently opened Scooter's Coffee drives consistent foot traffic, enhancing its commercial viability. This parcel is conveniently located within an Opportunity Zone, offering potential tax advantages for investors. Recent successful developments in the immediate area, including Scooter's Coffee and Main Street Urgent Care (both developed within the last 15 months), demonstrate the area's growth and potential. The accommodating lot size is suitable for a variety of end users. The property's location within Gaston County, NC, zip code 28021, offers a strategic position to benefit from the ongoing migration from urban centers to suburban areas. This is a prime opportunity to capitalize on the burgeoning growth and economic development in this dynamic region of North Carolina.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.