Prime RE Redevelopment Opportunity

NC

Prime RE Redevelopment Opportunity
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Asking Price: $2,000,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $2,000,000

Established: 1993

Prime RE Redevelopment Opportunity

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Business Description

18.54 acres of Prime Real Estate Land zoned for automotive or retail development. Located in the Heart of Gastonia NC in a high traffic area (with 26K vehicles per day) and only 5 minutes from I-85 (with 83K vehicles per day) in an upcoming redevelopment area of the city next to new and recent commercial development. Property includes a Muffler Brake Shop, Used Car lot, Vacant Land and a Cell Tower that is being leased for the next 50 years with a 5% annual rent increase. The opportunity is vast as this property has a very strong redevelopment potential. Property can be subdivided. Call to discuss.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
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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