334 Sparks Dr
Forest City, NC 28043
44 Acres + 24k Ind. Building, 2 Houses in NC · Land For Sale · 44.00 AC

Once-in-a-lifetime opportunity. Offered here is 44+ acres in the heart of Forest City, the largest city in Rutherford County, North Carolina (situated between Asheville and Charlotte and bordering South Carolina, with easy access to Greenville and Spartanburg). This massive assemblage of land has frontage on SEVEN different roads and occupies the area at the center of the city's development. The options for development are endless: mixed-use, residential, commercial, industrial, hospitality, etc. Whatever your business is, you can develop it here in a city that isn’t oversaturated and needs more of virtually everything. Again, it’s a great opportunity. Assuming development proceeds in phases, the new owner also has income potential from the existing buildings on the property: -- An industrial facility with ~20,000 sq ft of manufacturing/warehouse and ~4,500 sq ft of offices (building was earning $10,000/mo rent in 2022 and just recently vacated). -- Two houses (rent in 2-3k/mo range) Land abuts the existing Lowes Home Improvement Store that is robustly profitable and may be interested in acquiring land to expand. The existing industrial building could be sold to one of several rapidly expanding companies next door or down the street. The options are truly endless. For the right owner, so is the income potential from this incredible assemblage of land.