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300 El Bethel Rd - El Bethel Acres in Kings Mountain, NC
56 Acres of Commercial Land Offered at £2,524,800 in Kings Mountain, NC 28086
Investment Highlights
- 56± Acres in Kings Mountain, NC – Ideal for high-density residential projects.
- Strategic Location – Near Charlotte and major highways, offering easy access to urban areas.
- Thriving Community – Kings Mountain boasts new businesses, excellent public services, and scenic beauty.
- Growing Real Estate Market – Kings Mountain has seen a 40.9% increase in median home prices.
- Strong Economic Growth – $273M casino investment, new industries, and local job creation.
Executive Summary
- Strategic Location: With proximity to Charlotte and major highways, Kings Mountain offers easy access to urban amenities, making it ideal for residential and industrial projects. The property is positioned to capitalize on the area’s booming demand for new housing, fueled by a wave of private and public investments.
- Rapid Development and High Demand: Kings Mountain has seen substantial growth, with $23 million in private and $35 million in public investment since 2013. Over 58 new businesses have opened, making it an appealing market for real estate investments. Additionally, the new Catawba Two Kings Casino—a major regional attraction—continues to attract visitors, create jobs, and boost property values, reinforcing the area's appeal to both residents and investors.
- Expanding Industrial Hub: The nearby industrial space along I-85 is attracting big-name brands such as Utz Quality Foods, Newell Brands, and Hanes. As more developments near completion, hundreds of jobs are expected to increase demand for housing, supporting high-density residential growth.
- Future-Proofed Growth Potential: The Kings Mountain housing market is on the rise, with median home prices up 40.9% year-over-year. The county’s reputation for public-private cooperation and strategic development planning makes it an attractive location for sustained growth. With Albemarle Corporation’s new lithium facility and other major projects underway, this property offers a strong foundation for future investments.
- Demographics: The area around El Bethel Acres has a strong demographic profile, with increasing household incomes and a median home sales price of $298,000 as of August 2024, signaling strong demand and a competitive housing market.
This is a prime opportunity for developers and investors seeking to benefit from Kings Mountain’s thriving real estate landscape.
Property Facts
Price | £2,524,800 | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
No. Lots | 1 | Total Lot Size | 56.00 AC |
Price | £2,524,800 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 56.00 AC |
1 Lot Available
Lot
Price | £2,524,800 | Lot Size | 56.00 AC |
Price Per AC | £45,086 |
Price | £2,524,800 |
Price Per AC | £45,086 |
Lot Size | 56.00 AC |
Prime 56± acre development-ready land in Kings Mountain city limits. Perfect for high-density residential projects with excellent access to Charlotte and I-85, in a rapidly growing market with strong investment potential.
Description
El Bethel Acres is a premier 56± acre parcel in the heart of Kings Mountain, NC, situated within city limits and ideal for high-density residential use. This property offers easy access to Charlotte and major highways, making it a highly attractive option for developers. Kings Mountain is experiencing significant growth due to a combination of residential, industrial, and entertainment investments, including the newly opened Catawba Two Kings Casino. This development continues to drive property demand and economic growth in the area. Kings Mountain’s strategic location, combined with ongoing public-private investments, has made it one of North Carolina's top real estate markets. The surrounding area is flourishing, with a median home sales price that has surged by 40.9% over the past year. The property’s proximity to an industrial corridor brings additional value, as major companies have set up facilities nearby, ensuring stable economic growth and high demand for housing. El Bethel Acres is positioned in an economically vibrant area, supported by excellent public services, quality schools, and a rich blend of recreation options, making it an ideal place to live and invest.
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300 El Bethel Rd - El Bethel Acres in Kings Mountain, NC
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