Property profile

112 Homestead Ave Boiling Springs, NC 28152

OFF-MARKET
Land
9.76 ac lot
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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

Location

112 Homestead Ave Boiling Springs, NC 28152
Boiling Springs 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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