This 4.58-acre lot in Gastonia, North Carolina, located at the signalized intersection of South New Hope Road and East Garrison Blvd, offers a prime development opportunity. With access from three major roads—South New Hope Rd., East Garrison Blvd., and Owens Dr.—the property is situated in a high-traffic area with great visibility.
Zoned RS12, the land is ideal for mixed-use retail and multi-family residential development.
The property is just 1.15 miles from I-85, providing excellent access to the greater Charlotte area and surrounding regions. Gastonia is a rapidly growing city with a projected population increase, which further enhances the potential of this site for both retail and residential projects. The surrounding area shows strong demographic growth, with over 107,000 people living within 5 miles, and the median household income within a 3-mile radius is $58,935, supporting the need for both retail and residential developments.
With owner consideration for joint ventures with qualified developers, this property offers flexibility and the opportunity to create a high-return development. The growing demand for housing and commercial space in this expanding area makes this a prime investment for forward-thinking developers. The land is priced at $2,404,500 ($525,000/acre), making it a highly competitive option for a variety of development types.
Take advantage of this exceptional location for your next project in one of the most promising areas in Gastonia.