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    OFF-MARKET
    Commercial land

    406 Phifer Rd, Kings Mountain, NC 28086-3721

    2.13 ac lot
    Individually Owned 7-yr Hold Free & Clear
    Property ID
    US53-2801490
    Property summary
    AI-generated overview

    This exceptional 1.93-acre commercial land parcel, located at 406 Phifer Road in Kings Mountain, North Carolina, presents a unique investment opportunity. Zoned AU Comm, this property boasts high traffic counts and excellent visibility, making it ideal for a variety of commercial ventures. Situated just half a mile from Kings Mountain High School and Atrium Health hospital, it benefits from a strategic location near essential amenities. Grocery stores, restaurants, and pharmacies are all within close proximity, ensuring convenient access for potential businesses and their customers. Please note that a portion of the property facing Phifer Road will require a reconfiguration to allow for driveway recombination with the adjacent property (Parcel no: 13691). This adjustment will be offset by the addition of acreage to the northwest section, maintaining the overall 1.93-acre lot size. The property's prime location and high visibility, coupled with its proximity to key community institutions and everyday conveniences, make it an attractive proposition for developers and investors seeking a strong foothold in a thriving area. The asking price for this exceptional commercial land is $225,000. The property's zip code is 28086, and it is situated in Cleveland County.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 2.13 ac (92,678 SF)
    Zoning code GB
    APN 13689
    UPID US53-2801490
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Mark F Withers · 7 yrs held
    Mark F Withers
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    GB · Kings Mountain, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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