This Land Property is no longer advertised on LoopNet.com.

3032 W Franklin Blvd
Gastonia, NC 28052
Land For Sale · 18.50 AC

Investment Highlights

  • Cell Tower Lease Provides $500/mo

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
  • Auto Dealership
  • Auto Repair
  • Hold For Development
Total Lot Size 18.50 AC
Zoning I2, C3

Description

18.54 acres of prime land zoned for automotive or retail development located in the heart of Gastonia, NC in a high traffic area only minutes from I-85. Traffic counts are attached along with the property cards for reference. The site is 4 parcels to be sold together with numerous structures on the site. The property includes a muffler brake shop, a used car lot, vacant land, a cell tower, and a single family home. There is no value assigned to the structures as the value is in the land, and there are no cars left on the property. The cell tower is on a 50 year lease with rent increases built. There is a partial easement to allow access to the cell tower. The property could be leased for various automotive uses which when combined with the cell tower lease and the single family home could provide income in the short term while a redevelopment plan is implemented.

  • Listing ID: 18916867

  • Date on Market: 3/19/2020

  • Last Updated:

  • Address: 3032 W Franklin Blvd, Gastonia, NC 28052

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