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Property profile & analytics
OFF-MARKET
Commercial real estate

311 Archie Whitesides Rd Gastonia, NC 28052

18.89 ac lot
Property ID
US53-1274598
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 18.89 ac (822,848 SF)
UPID US53-1274598
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Landmark Baptist Church Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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