

Listed by The Meridian Realty Group
$4,500,000
Gumtree Road at Hwy 109
Details
Property Type Land
Sub Type Commercial, Industrial
Acreage 49.690
Zoning LI, CS (Davidson),LI-S (Forsyth)
Sale Condition For sale by owner
Industrial Development Land Near Union Cross Business Park
Marketing description
Industrial development land in the booming Union Cross Submarket. Site is primarily zoned LI/LI-S with 3.74± acres zoned Shopping Center. Draft site plans show potential for up to 400,000± SF of Industrial. Strong residential demand around site as well. Utilities adjoin the site. A small portion is zoned CS which can accommodate retail development with 432′ frontage on Hwy 109.
Investment highlights
- Size sf±: 2,164,365
- A: LI Land (45.947± acres): $3,200,000.00
- B: CS Land (3.74± acres): $1,300,000.00
- $ per sf±: A: $1.60;B: $8.00
- Road Frtg±: 482' on Hwy 109; 1,219' on Gumtree Road
Listing Contacts


Listed by The Meridian Realty Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?







