311 Archie Whitesides Rd Gastonia, NC 28052
This exceptional development opportunity encompasses two fully entitled sites in Gastonia, North Carolina, totaling 18.89 acres. Approved for 185 townhome lots, this by-right project offers developers unparalleled flexibility to construct either for-sale or for-rent units. Situated in the rapidly growing Charlotte MSA's second-fastest-growing submarket, this prime location benefits from significant population increases and a 33% rent growth over the past three years. The sites boast convenient access to major employers, retail, and commercial services, with proximity to I-85 and I-74 ensuring easy commutes. Downtown Gastonia, featuring amenities like Rankin Lake Park and the Schiele Museum, is just a short drive away. Furthermore, the Gastonia Technology Park, home to future employers such as Owens Corning, is also within easy reach. This project presents a streamlined development process due to its by-right zoning, making it an attractive investment in a thriving market. The location is also within a Qualified Opportunity Zone. The two sites are located at 311 Archie Whitesides Rd and 1732 Jenkins Rd, Gastonia, NC 28052.
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Landmark Baptist Church Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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