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902 Power St - Power Street

3.32 Acres of Commercial Land Offered at $675,000 in China Grove, NC 28023

Investment Highlights

  • High traffic area, very close to Highway 85 New Macy's distribution center in area. Also 44 acre residential community being developed.

Executive Summary

Zoned Hwy Business. Growing area, near I85 and Hwy 29. Perfect for commercial office, retail space. New residential subdivision being built on Grove Street, connecting to Lentz Road. Macy's Distribution Center has recently opened. New housing development. Great location for possible car wash, or commercial space.

Property Facts

Price $675,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units - Condo
  • Carwash
  • Contractor Storage Yard
Total Lot Size 3.32 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $675,000
Price Per AC $203,313
Lot Size 3.32 AC

This property is being sold along with the two properties for a total 3.32 acres (Lots 101 142, 101 141, and 101 139). Currently zoned commercial. The property has two homes on it and they both are currently rented.

Description

Zoned for Hwy Business, Commercial. Property also has two houses on it and vacant corner lot. The two houses are currently rented month to month leases.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
101-139
Land Assessment
$45,000
Improvements Assessment
$0
Total Assessment
$45,000

zoning

Zoning Code HB (Highway Business)
HB (Highway Business)
  • Listing ID: 13701942

  • Date on Market: 9/5/2018

  • Last Updated:

  • Address: 902 Power St, China Grove, NC 28023

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