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2985 Court Dr - Gateway Landing Development Site

12.3 Acres of Commercial Land in Gastonia, NC 28054

Investment Highlights

  • Streamlined Development Process with By-Right Zoning In-Place.
  • Expansive Growth with Ample Employment Opportunities.
  • Red-Hot Submarket with Explosive Growth.
  • Ideal Tax Credit Development - Located in a Qualified Census Tract (QCT).
  • Interconnected to all Major Amenities.

Executive Summary

Capstone is pleased to present the Gateway Landing Development Site, a ±12.30 acre, zoned and entitled site located in Gastonia, North Carolina that is approved for 200 garden-style multi-family units. The Gateway Landing Development Site falls within a qualified Opportunity Zone in the greater Charlotte MSA, as well as a LIHTC Qualified Census Tract (QCT). Additionally, the site benefits from an extremely high Gastonia Tax Credit score of ±56, ensuring future developers will possess a variety of affordable development financing options.

Property Facts

Sale Type Investment Proposed Use
Commercial
  • Multifamily
  • Apartment Units
No. Lots 1 Total Lot Size 12.30 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype Commercial
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
Total Lot Size 12.30 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Lot Size 12.30 AC
Lot Size 12.30 AC

Level lot.

Description

The Gateway Landing Development Site is within proximity to all major employers, retail, commercial services, and nature in Gastonia. Located less than two minutes from Highway I-85, the site sits on Court Drive, giving future residents easy access to demand drivers and major thoroughfares across Gastonia. Downtown Gastonia is less than nine minutes from the site and is home to a plethora of amenities such as Webb Custom Kitchen, Rankin Lake Park, and Schiele Museum of Natural History. Another seven minutes north, residents will find Gastonia Technology Park, a 422-acre business park that is set to bring in major employers such as Owens Corning and Dixon Quick Coupling.

Links

1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 136839
  • 136838
  • 208199
  • 137850
  • 208198
 Improvements Assessment £3,753
Land Assessment £65,484 Total Assessment £69,236

PROPERTY TAXES

Parcel Numbers
Multiple
  • 136839
  • 136838
  • 208199
  • 137850
  • 208198
Land Assessment
£65,484
Improvements Assessment
£3,753
Total Assessment
£69,236

zoning

Zoning Code RS-8 (Residential / Commercial)
RS-8 (Residential / Commercial)
  • Matthew Weinstein
    Matthew Weinstein
  • Dane Lozier
    Dane Lozier
  • Joshua Greenwald
    Joshua Greenwald
  • Scott Fuller
    Scott Fuller
(800) 746-3175 x7032

  • Listing ID: 33246556

  • Date on Market: 20/09/2024

  • Last Updated:

  • Address: 2985 Court Dr, Gastonia, NC 28054

The Land Property at 2985 Court Dr, Gastonia, NC 28054 is currently available For Sale. Contact Capstone for more information.

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© 2024 CoStar Group

2985 Court Dr - Gateway Landing Development Site
(800) 746-3175 x 7032

2985 Court Dr - Gateway Landing Development Site

1/4

Matthew Weinstein

(800) 746-3175

x7032

(800) 746-3175 x7032

Dane Lozier

(800) 746-3175

x7053

(800) 746-3175 x7053

Joshua Greenwald

(704) 448-9185

(704) 448-9185

Scott Fuller

(800) 746-3175

x7085

(800) 746-3175 x7085

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