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    OFF-MARKET
    Land

    112 Homestead Ave, Boiling Springs, NC 28152

    9.76 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9.76-acre commercial land parcel presents a unique investment opportunity in Boiling Springs, North Carolina. Located less than one mile from Gardner-Webb University, this property offers unparalleled access to a large, young, and captive consumer base. The land is conveniently situated at 112 E Homestead Ave, Shelby, NC 28152, and is zoned B-2, allowing for a wide range of commercial development possibilities, including retail, hospitality, and professional office spaces. The property is already well-graded and ready for construction, with readily accessible utilities such as electricity and water. This versatile property can be purchased as a whole or as one of three subdivided lots, providing flexibility for various investment strategies and development scales. The flat terrain simplifies construction, making this an ideal site for streamlined development and creative design. This prime location, coupled with its proximity to a major university and its build-ready condition, makes this a truly exceptional opportunity for investors and developers seeking to capitalize on the thriving Boiling Springs community. The APN numbers are 60214, 57812, and 57813. The asking price for this remarkable property is $925,000.

    Property profile
    Verified
    Property type Land
    Lot 9.76 ac (425,146 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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