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Investment Highlights

  • Development-ready land
  • All utilities on site
  • Comprehensive due diligence completed
  • Rail-adjacent
  • Located approximately 60 miles from Charlotte Douglas International Airport

Property Facts

Price $356,000 - $1,606,000
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 80.30 AC
Zoning M-1 - Manufacturing, industrial, commercial

2 Lots Available

Lot

Price $1,250,000
Price Per AC $20,000.00
Lot Size 62.50 AC

A portion of the lot (~15 acres) was previously developed and owned by Drexel Heritage Furniture, which did finishing on site. The remained of the land is raw/undeveloped. Property is directly adjacent to rail, served by Norfolk Southern.

Lot

Price $356,000
Price Per AC $20,000.00
Lot Size 17.80 AC

Undeveloped/raw land. Directly adjacent to rail, served by Norfolk Southern.

Description

~15 acres of predeveloped, NCDEQ brownfield. The remaining acreage is undeveloped, shovel-ready industrial land. Municipal electric service, water, wastewater, natural gas and telecommunications service are on site. A Norfolk Southern-served rail line is directly adjacent, running the length of the property on its south side. Much due diligence has been completed on the property, including Phase I environmental, geotechnical, wetlands identification, threatened and endangered species and archeological studies. In addition, site plans and development cost estimates have been modeled.

Not walkable
10/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
  • Listing ID: 35331846

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: 101 N Main St, Drexel, NC 28619

Contact the Sale Advisor

101 N Main St - Drexel Business Park

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