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0 Pinetop Drive - Possible density for apartments 16 per acre

22 Acres of Residential Land Offered at $1,080,115 CAD in Gastonia, NC 28054

Investment Highlights

  • Close to grocery, pharmacy, and restaurants.
  • 30 minutes to Charlotte and possible 12,000 sq. ft. lots for single family by right.
  • 2 miles from interstate I-85 and 321.
  • City of Gastonia recently approved 1/8 mile away 16 units per acre with three floors.

Executive Summary

Remarkable opportunity to develop multi-family apartments or single family homes with min. 12,000 sq ft lots by right. Close to grocery, pharmacy and restaurants. Gaston County is the 10th largest county out of 100 in population in North Carolina and growing! This location is also close to I-85 and 321 with close proximity to Gaston Memorial Hospital, Crowders Mountain State Park, Two Kings Casino, new Fuse District and many others. City of Gastonia has full zoning authority with water and sewer as well. No sign and please call listing agent @ 704-574-4901 with any questions. You can access property as it is located at end of Pinetop Drive. Please do not enter without listing agent approval. No structures on property. There is 4-5 feet of mulch that was dumped on the property in the past and seller is willing to consider the cost of removal. Parcel # 119229 to view on Gaston County GIS.

Property Facts

Price $1,080,115 CAD
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 22.00 AC
Cross Streets New Hope Road

1 Lot Available

Lot

Price $1,080,115 CAD
Price Per AC $49,096 CAD
Lot Size 22.00 AC

Ideal apartment or multi-family location that is close to grocery, pharmacy and restaurants. Recently approved project by City of Gastonia with density of 16 units per acre. Possible 12,000 sq. ft. lots for single family by right.

Description

Buildable 10 acres out of 22 acres. Approximately 12 acres in flood zone. Directions: Please exit on New Hope Road exit 20 off I-85. Turn toward Dallas, NC and follow approximately 2 miles and through 5 stop lights. Turn left onto Pinetop Drive and you will drive to end of road where property begins. Also parcels are behind Food Lion on N. New Hope Road.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
119229
Land Assessment
$92,259 CAD
Improvements Assessment
$0 CAD
Total Assessment
$92,259 CAD

zoning

Zoning Code R-12 (RS-12 can build 12,000 sq. ft. lots for single family homes by right.)
R-12 (RS-12 can build 12,000 sq. ft. lots for single family homes by right.)
  • Listing ID: 28908761

  • Date on Market: 2023-07-03

  • Last Updated:

  • Address: 0 Pinetop Drive, Gastonia, NC 28054

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