2050 Poplar St 19.67 Acres of Industrial Land Offered at $1,000,000 in Gastonia, NC 28052

*The property is located within a federally designated Opportunity Zone, offering potential tax advantages for qualified investors pursuing redevelopment or long-term hold strategies.*
2050 W Poplar Street in Gastonia presents a covered land opportunity totaling ±19.67 acres. The property is currently improved with approximately 55,000 square feet of existing structures that are expected to be demolished, creating a clean site for redevelopment.
The parcel is zoned I-2 (light industrial), providing flexibility for new Class A development or industrial outdoor storage (IOS), both of which are in high demand in the Charlotte / Gastonia market.
Utilities and Infrastructure
Power: The site is served by a 12 kV distribution line with the ability to provide 1.5 MW of capacity without major upgrades. With circuit upgrades, up to 3 MW could be made available within roughly 12 months of commitment. Duke Energy engineers noted it may be possible to serve up to 4 MW if a large customer is secured. In addition, a 44 kV transmission line runs along the side of the parcel, though additional study would be required to confirm available capacity.
Rail: Norfolk Southern has confirmed this is an active service area, currently served two days per week. The spur that once crossed the property would likely need some rehabilitation, but assuming the switch from the mainline is intact, resuming service would not be a significant expense. Service frequency could be increased to accommodate a major rail-dependent user.
Location and Market Context
The property sits directly adjacent to Phelan-Bennett and GCP’s newly developed Class A project on Northwest Boulevard, highlighting the growth and momentum within this corridor. Located less than one mile from Interstate 85 and approximately 25 minutes from Charlotte Douglas International Airport, the site offers exceptional regional connectivity.
With nearly 20 acres of industrial-zoned land, proximity to new Class A product, confirmed rail access, and substantial power capacity potential, 2050 W Poplar Street offers multiple exit strategies for developers and investors.
Asking price: $1,000,000.