Investment Overview

Marcus and Millichap is pleased to exclusively present a new land development located at North Broad Street and East Davidson in Gastonia, North Carolina 28054. The Land is composed of the adjourned parcels that total 7.52 acres. The zoning designation is Urban Industrial. The I-U urban industrial district is normally found in older portions of the community that were developed before the advent of zoning regulations and which contain older industrial, and warehouse-type uses. Such uses oftentimes do not conform to the parking, bulk, or setback requirements that would be applicable if those structures were developed today. The purpose of this district is to accommodate such existing uses and to encourage the redevelopment of such uses for industrial, commercial, and/or residential purposes. The parcels of land are located in an Opportunity Zone. It is minutes away from Interstate 85. The land is located 20 miles from the Charlotte Douglas International Airport. The land is surrounded by industrial and residential and is close to schools and entertainment like Sims Legion Park.