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00 E Garrison Blvd - Watson Family Assemblage 4.58 Acres of Commercial Land Offered at $2,404,500 in Gastonia, NC 28054

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INVESTMENT HIGHLIGHTS

  • Prime Development Land: 4.58 acres at high-traffic intersection in Gastonia, NC
  • High Visibility: Signalized corner with easy access from major roads.
  • Rapid Population Growth: 107,000+ residents within 5 miles and increasing.
  • Mixed-Use Potential: Zoned RS12, perfect for retail or multi-family residential.
  • Excellent Connectivity: 1.15 miles from I-85 for easy regional access.
  • Joint Venture Opportunity: Owners open to partnerships with qualified developers.

EXECUTIVE SUMMARY

This prime 4.58-acre property in Gastonia is located at the signalized intersection of South New Hope Road and East Garrison Blvd, offering exceptional visibility and access for mixed-use retail and multi-family development. With zoning RS12, this parcel is suitable for various residential and commercial uses.
The site is just 1.15 miles from I-85, providing excellent regional connectivity.
The area is experiencing rapid growth, with a 5-mile population of over 107,000 people and an increasing household income, making this an attractive investment.
The owners are open to a joint venture with qualified developers, offering flexibility for the right development team.
Located in a high-traffic zone with easy access to South New Hope Road, East Garrison Blvd, and Owens Drive, this property offers a unique opportunity for those looking to capitalize on Gastonia’s expanding market.

PROPERTY FACTS Under Contract

Price $2,404,500
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 4.58 AC
Zoning RS12 - Residential service

1 LOT AVAILABLE

Lot 6

Price $2,404,500
Price Per AC $525,000.00
Lot Size 4.58 AC

4.58-acre corner lot at South New Hope Rd & East Garrison Blvd, Gastonia. Signalized intersection, easy access to I-85, and high traffic. Ideal for mixed-use retail or multi-family development. $2,404,500 or joint venture opportunities available.

DESCRIPTION

This 4.58-acre lot in Gastonia, North Carolina, located at the signalized intersection of South New Hope Road and East Garrison Blvd, offers a prime development opportunity. With access from three major roads—South New Hope Rd., East Garrison Blvd., and Owens Dr.—the property is situated in a high-traffic area with great visibility. Zoned RS12, the land is ideal for mixed-use retail and multi-family residential development. The property is just 1.15 miles from I-85, providing excellent access to the greater Charlotte area and surrounding regions. Gastonia is a rapidly growing city with a projected population increase, which further enhances the potential of this site for both retail and residential projects. The surrounding area shows strong demographic growth, with over 107,000 people living within 5 miles, and the median household income within a 3-mile radius is $58,935, supporting the need for both retail and residential developments. With owner consideration for joint ventures with qualified developers, this property offers flexibility and the opportunity to create a high-return development. The growing demand for housing and commercial space in this expanding area makes this a prime investment for forward-thinking developers. The land is priced at $2,404,500 ($525,000/acre), making it a highly competitive option for a variety of development types. Take advantage of this exceptional location for your next project in one of the most promising areas in Gastonia.

  • Listing ID: 23828612

  • Date on Market: 8/3/2021

  • Last Updated:

  • Address: 00 E Garrison Blvd, Gastonia, NC 28054

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