Prime R/E Redevelopment Opportunity


Prime R/E Redevelopment Opportunity
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Asking Price: $2,000,000

Cash Flow: N/A

Gross Revenue: N/A



Inventory: N/A

Real Estate: $2,000,000

Established: 1993

Prime R/E Redevelopment Opportunity

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Business Description

18.4 acres of Prime Real Estate zoned for automotive, retail, apartment or Townhome Development. Located in the Heart of Gastonia, NC on a major road(with 26k vehicles per day) and only 5 minutes from I-85(with 83k vehicles per day). This upcoming redevelopment area of the city is next to other new and recent commercial development. Property currently includes a Muffler/Brake Shop, Used Car lot, Vacant Land, and a Cell Tower. The Cell Tower is being leased out for the next 50 years with a 5% annual rent increase. The opportunity is vast and this property has very strong potential. Can be subdivided. Call to discuss.

Detailed Information

Real Estate:
Included in asking price
Building SF:
Growth & Expansion:
Located in an upcoming redevelopment area of the city next to new and recent commercial development and it has very strong redevelopment potential.
Reason for Selling:
Owner Retiring
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Michael Norman

Business Listed By:
Michael Norman

The CBA Group

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