Property profile

6 Wellington Way Littleton, NC 27850

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 2.2-acre commercial lot presents a remarkable opportunity in Littleton, North Carolina's thriving Lake Gaston business district. Situated at the end of a cul-de-sac on Wellington Way, this property boasts potential visibility along the busy Highway 903, offering excellent exposure for any commercial venture. The lot's advantageous location is further enhanced by its adjacency to a Pit Stop gas station and convenience store, ensuring high traffic and convenient access for potential customers. This area is known for its established businesses that serve as cornerstones of the local community, making this a highly desirable location for new businesses. The property features a paved road and access to county water. While a septic system will be required, the convenience of existing infrastructure significantly streamlines the development process. An additional potential benefit lies in the possibility of an easement from the neighboring Pit Stop gas station, although this will require further investigation during due diligence. This property is priced at $75,000. Note that adjacent lots 5 and 7 are also available for separate purchase. This is a rare opportunity to establish a business in a prime location within a strong, established community.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

6 Wellington Way Littleton, NC 27850
Littleton metro
Google Maps

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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