Property summary
This exceptional 11.85-acre property in Cleveland, North Carolina, presents a remarkable investment opportunity. Situated on five parcels, this expansive land boasts over 800 feet of road frontage on Highway 70, providing excellent visibility and accessibility. The property is zoned GB, offering a flexible range of commercial possibilities while maintaining the option for residential use. Currently on the land is a charming 1,360 square foot brick house, constructed in 1959, which could be renovated into a comfortable home or repurposed as office space. A single-wide mobile home provides additional living or storage space. Both the house and mobile home are serviced by a well and septic system. The absence of a homeowner's association (HOA) and city taxes further enhances the appeal of this property. Its tranquil location in Cleveland, NC, combined with its proximity to Statesville and Interstate 77, makes it an ideal location for a variety of ventures. Whether you envision a peaceful residential retreat, a thriving commercial enterprise, or a blend of both, this property offers the space and flexibility to realize your vision. The significant road frontage and versatile zoning make this an exceptional opportunity for investors and entrepreneurs alike.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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