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Commercial

+/- 10.5 Acres Development Land | Residential Zoning with Frontage | Spindale, NC

West St, Spindale, NC 28160

Listing Price: $1,050,000

Lot Size
10.50 acres
Price/Acre
$100,000
Land Type
Land

Investment Overview

This ±10.5-acre flat land parcel offers prime development potential with residential zoning, allowing for multifamily, duplex, detached and manufactured home uses. Featuring frontage along Railroad Ave/US-74 ALT and excellent access to major highways, the site benefits from 15,000+ VPD and proximity to national retailers and new residential developments. Located just 50 miles from Asheville, Charlotte, and Spartanburg, the property is adjacent to a 86 percent leased Class A office building also available for purchase. Strong local demographics and North Carolina’s top-ranked business climate further enhance the investment appeal.

Investment Highlights

  • +/-10.50 Acres of Flat Land | Residential Zoning with Frontage Along Railroad Ave/US-74 Alt
  • Convenient Zoning Allows for Wide Variety of Residential Developments
  • R-6 Residential Zoning Allows for Multiple Multifamily, Duplex, Manufactured Home and Detached Developments
  • Adjacent to 11,809-SF, Two Story, Class-A Multi-Tenant Office Building Also For Sale, On +/-3.50 Acre Lot With Lighted Parking Lot (120 Surface Spaces) | 86 Percent Occupied
  • Easy Access to US-74 ALT, With 15,000 Vehicles per Day and 0.5 Miles From US-221 / US-74 Intersection, Seeing 25,000+ Vehicles per Day
  • Close Proximity to Newly Built Residential Communities and National Retail Tenants Such as Food Lion, Walgreens, Exxon, McDonald's, KFC, Dollar General, Advance Auto and More
  • Spindale is Roughly 50 Miles From Asheville, Charlotte and Spartanburg Metro Areas
  • CNBC Recently Selected North Carolina as The Number 1 State For Business in U.S., for Its Economy and Workforce | Strong and Stable Demographics: Population Exceeds 23,300 Within 5-Miles and is Projected to Grow by 2029 | Daytime Population Of 24,700+ within Five-Miles

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    Senior Director Investments

    (919) 674-1104

    License(s) NC: 241055

    North Carolina

Financing By

Commercial

+/- 10.5 Acres Development Land | Residential Zoning with Frontage | Spindale, NC

Listing Price: $1,050,000

Lot Size
10.50 acres
Price/Acre
$100,000
Land Type
Land

Investment Highlights

  • +/-10.50 Acres of Flat Land | Residential Zoning with Frontage Along Railroad Ave/US-74 Alt
  • Convenient Zoning Allows for Wide Variety of Residential Developments
  • R-6 Residential Zoning Allows for Multiple Multifamily, Duplex, Manufactured Home and Detached Developments
  • Adjacent to 11,809-SF, Two Story, Class-A Multi-Tenant Office Building Also For Sale, On +/-3.50 Acre Lot With Lighted Parking Lot (120 Surface Spaces) | 86 Percent Occupied
  • Easy Access to US-74 ALT, With 15,000 Vehicles per Day and 0.5 Miles From US-221 / US-74 Intersection, Seeing 25,000+ Vehicles per Day
  • Close Proximity to Newly Built Residential Communities and National Retail Tenants Such as Food Lion, Walgreens, Exxon, McDonald's, KFC, Dollar General, Advance Auto and More
  • Spindale is Roughly 50 Miles From Asheville, Charlotte and Spartanburg Metro Areas
  • CNBC Recently Selected North Carolina as The Number 1 State For Business in U.S., for Its Economy and Workforce | Strong and Stable Demographics: Population Exceeds 23,300 Within 5-Miles and is Projected to Grow by 2029 | Daytime Population Of 24,700+ within Five-Miles

Investment Overview

This ±10.5-acre flat land parcel offers prime development potential with residential zoning, allowing for multifamily, duplex, detached and manufactured home uses. Featuring frontage along Railroad Ave/US-74 ALT and excellent access to major highways, the site benefits from 15,000+ VPD and proximity to national retailers and new residential developments. Located just 50 miles from Asheville, Charlotte, and Spartanburg, the property is adjacent to a 86 percent leased Class A office building also available for purchase. Strong local demographics and North Carolina’s top-ranked business climate further enhance the investment appeal.

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    Senior Director Investments

    (919) 674-1104

    License(s): NC: 241055

    North Carolina

Financing By

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