1929 Garrison BlvdGastonia, NC 28054

  • Other commercial real estate
  • 10,752 SF
For Sale

Property Details for 1929 Garrison Blvd

Year built
1962
Lot size
1.35 AC
Property size (Sq ft)
10,752 SF
Zone code
APT01
Property type
Other commercial real estate
APN
115764
APU
115764

Description

This exceptional 1.6-acre commercial land parcel presents a prime investment opportunity in Gastonia, North Carolina. Strategically located at 1929 E Garrison Blvd, this outparcel enjoys a highly visible position at a signalized intersection, directly adjacent to a newly opened and operational 7-Eleven convenience store. The property boasts excellent visibility and accessibility, with direct access to East Garrison Boulevard and convenient cross-access to South New Hope Road via the 7-Eleven. This advantageous location ensures high traffic exposure, benefiting from daily traffic counts of 23,000 vehicles. The property's zoning and permitted uses are ideal for a variety of retail developments, making it an attractive prospect for investors seeking a strong return on investment in a thriving commercial area. The 1.6-acre lot provides ample space for development, allowing for flexibility in design and construction. Given its prime location and high visibility, this property is poised for significant growth and presents a compelling opportunity for immediate development or future appreciation. The existing 7-Eleven provides an established anchor tenant, further enhancing the property's desirability and potential for success. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing market. The property is zoned for commercial use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,875,588
    Hospitality
    $2,634,024
    Educational
    $2,191,476
    Medical
    $2,266,845
    Retail
    $3,408,964
1929 Garrison Blvd, Gastonia, North Carolina

Location Insight

City
Gastonia
County
Gaston
State
North Carolina
Latitude
35.253
Longitude
-81.1486
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,155
$388,710
-
$388,710
-
-
-
-

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