516-606 Waco Rd - Highway 74
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516-606 Waco Rd - Highway 74
7.02 - 20.6 Acre Commercial Land Lots Offered at $596,700 - $1,705,100 Per Lot in Kings Mountain, NC 28086
Investment Highlights
- Direct Exposure to East Dixon Blvd AKA Hwy 74.
- Option to Subdivide into Pad Sites or Smaller Sites.
- Located 1 Mile from I-85.
Executive Summary
Over 1/2 mile of Highway 74 frontage. Outparcels available along Waco Road at the Highway 74 interchange in Kings Mountain. Located 1 mile west of I-85 along the main corridor connecting Gastonia to Shelby. 25 minutes to Charlotte Airport. Adjacent 40+ acres also available to purchase. In addition to having mixed-use potential, the property would also serve as an excellent site for a data center or flex/industrial buildings. The site would also be great for hotel, multi-family property, or gas station. Will subdivide into pad sites or smaller sites. Total available is 46.38 acres containing three parcels PINs 59095, 60977, and 12586 in Cleveland County.
Currently, approximately 40 acres is zoned Auto-Urban zoning (AKA General business), and 7.02 acres is zoned Light Industrial. Under the current Auto-Urban zoning (AKA General business), the residential building requirements are minimum width 18ft and 100 ft deep. 10,000 sqft commercial space for first 100 units so the ratio would be 200 units if 20,000sqft of commercial.
Utilities are available to the site for water and sewer as well as electricity, gas, and fiber optic from the city.
This Property fronts the Atrium Kings Mountain Hospital which has its main entrance on Sims Street at the rear entrance of the property. The property is also across the street in near proximity to the Kings Mountain Golf Course, and the city allows golf carts to be driven on the streets. At the back corner of the site on Waco Road and Sims Street where the welcome to Kings Mountain sign is located, is a large section of city soccer fields, outdoor basket ball court, and picnic shelter. The Waco Property is about one mile to Walmart Neighborhood grocery, and Walgreens, and is less than 25 minutes to the Charlotte Douglas International Airport. From I-85, the site is the first available interchange for development on Highway 74 at the Oak Grove Road exit (AKA Waco Rd.) on the southeastern quadrant.
Overall pricing varies from $50,000 to $200,000 per acre, outparcel pricing varies per acre. Retail parcels can be divided and separately plated. Three Kings Casino is open and located nearby in Kings Mountain, NC.
The Cleveland County parcel numbers for the Waco Property are:
Parcel No.: 59095 with Deeded Acres: 20.6 at 516 Waco Rd zoned General Business;
Parcel No.: 60977 with Deeded Acres: 18.76 at 606 Waco Rd (front corner) zoned General Business;
Parcel No.: 12586 with Deeded Acres: 7.02 zoned Light Industrial.
Currently, approximately 40 acres is zoned Auto-Urban zoning (AKA General business), and 7.02 acres is zoned Light Industrial. Under the current Auto-Urban zoning (AKA General business), the residential building requirements are minimum width 18ft and 100 ft deep. 10,000 sqft commercial space for first 100 units so the ratio would be 200 units if 20,000sqft of commercial.
Utilities are available to the site for water and sewer as well as electricity, gas, and fiber optic from the city.
This Property fronts the Atrium Kings Mountain Hospital which has its main entrance on Sims Street at the rear entrance of the property. The property is also across the street in near proximity to the Kings Mountain Golf Course, and the city allows golf carts to be driven on the streets. At the back corner of the site on Waco Road and Sims Street where the welcome to Kings Mountain sign is located, is a large section of city soccer fields, outdoor basket ball court, and picnic shelter. The Waco Property is about one mile to Walmart Neighborhood grocery, and Walgreens, and is less than 25 minutes to the Charlotte Douglas International Airport. From I-85, the site is the first available interchange for development on Highway 74 at the Oak Grove Road exit (AKA Waco Rd.) on the southeastern quadrant.
Overall pricing varies from $50,000 to $200,000 per acre, outparcel pricing varies per acre. Retail parcels can be divided and separately plated. Three Kings Casino is open and located nearby in Kings Mountain, NC.
The Cleveland County parcel numbers for the Waco Property are:
Parcel No.: 59095 with Deeded Acres: 20.6 at 516 Waco Rd zoned General Business;
Parcel No.: 60977 with Deeded Acres: 18.76 at 606 Waco Rd (front corner) zoned General Business;
Parcel No.: 12586 with Deeded Acres: 7.02 zoned Light Industrial.
Property Facts Under Contract
| Price | $596,700 - $3,896,400 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 3 | Total Lot Size | 46.38 AC |
| Property Type | Land |
| Price | $596,700 - $3,896,400 |
| Sale Type | Investment or Owner User |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 46.38 AC |
3 Lots Available
Lot 60977
| Price | $1,594,600 | Lot Size | 18.76 AC |
| Price Per AC | $85,000 |
| Price | $1,594,600 |
| Price Per AC | $85,000 |
| Lot Size | 18.76 AC |
Parcel 60977 is the front corner 18.76AC- Zoned Auto Urban (AKA General Business)
Lot PIN 12586
| Price | $596,700 | Lot Size | 7.02 AC |
| Price Per AC | $85,000 |
| Price | $596,700 |
| Price Per AC | $85,000 |
| Lot Size | 7.02 AC |
Parcel 12586 is 7.02 AC is Zoned Light Industrial
Lot PIN 59095
| Price | $1,705,100 | Lot Size | 20.60 AC |
| Price Per AC | $82,772 |
| Price | $1,705,100 |
| Price Per AC | $82,772 |
| Lot Size | 20.60 AC |
Parcel 59095 is 20.60 AC Zoned Auto Urban (AKA General Business)
Description
This 47 acre property is well situated at 516-606 Waco Rd. Kings Mountain, NC. With 1/2 mile of highway road frontage on Hwy 74 in Kings Mountain, NC. It is a sloping lot that would be a prime location for mixed use, and features electricity and water to site. The property is zoned for commercial and mixed use under Auto Urban, and is located 1 mile west of I-85 along the main corridor connecting Gastonia to Shelby.
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,022,192 | Total Assessment | $1,022,192 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,022,192
Improvements Assessment
$0
Total Assessment
$1,022,192
zoning
| Zoning Code | AU/ Light Industrial (Approximately 39.38 acres are zoned Auto Urban (AKA Business Commercial) and approximately 7 acres is zoned Light Industrial) |
| AU/ Light Industrial (Approximately 39.38 acres are zoned Auto Urban (AKA Business Commercial) and approximately 7 acres is zoned Light Industrial) |
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516-606 Waco Rd - Highway 74
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