407 Main St Lowell, NC 28098
- Commercial real estate
- 0.34 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 407 Main St
- Year built
- 1970
- Lot size
- 0.34 lot acres
- Property type
- Commercial real estate
- APN
- 128298
- APU
- 128298
Description
This exceptional 7-acre commercial development site in Lowell, North Carolina, presents a lucrative investment opportunity. Located at 407 S Main St, this property boasts convenient access to Interstate 85 via Exit 22, and is also minutes from Highway 74, ensuring high visibility and accessibility. The land is comprised of seventeen tax parcels, offering flexibility for various development plans. The primary use is envisioned as commercial development, capitalizing on the strategic location and high traffic volume. A secondary use, such as a hotel, motel, or retail center, is also considered viable given the area's needs and potential. The asking price is $2,478,000, translating to $300,000 per acre, reflecting the significant value and potential return on investment. This property's prime location and substantial acreage make it an ideal choice for developers seeking a high-impact project in a rapidly growing area. The site's proximity to major transportation arteries ensures easy access for both employees and customers, maximizing its commercial potential. Serious inquiries are encouraged to explore the possibilities of this exceptional development opportunity. The property is zoned for commercial use and offers significant potential for future growth and development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Gaston
- State
- North Carolina
- Longitude
- -81.1039
- Latitude
- 35.2638
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA