1013 York Rd Kings Mountain, NC 28086
This exceptional 2.33-acre property in Kings Mountain, NC, presents a unique investment opportunity. Currently zoned R-10, its prime location offers significant potential for commercial rezoning, especially considering its adjacency to two neighboring parcels zoned NB (Neighborhood Business), totaling an additional 0.86 acres and listed separately. The combined assemblage would create a highly desirable corner lot with over 500 feet of frontage on York Road and over 490 feet on Lake Montonia Road. The property includes a 1,440 square foot brick building, currently used as a rental dwelling, which can be removed for a $150,000 price reduction. A 1,500 square foot double-car garage/shop building will remain. The site boasts double road frontages, providing excellent visibility and accessibility. Its proximity to Interstate 85 (less than 2,800 feet from Exit 8) and the new Two Kings Casino (3 miles away) further enhances its commercial viability. This property offers substantial upside potential for developers and investors seeking a strategic location with high traffic counts and significant expansion possibilities. The existing building provides immediate income potential or can be removed to make way for new construction. The property's size and location make it ideal for a variety of commercial uses. The year built is 1966.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.