Business for Sale Overview:
7.59 Acres Commercial Property Beside $7M Chicago Tube & Iron Company has been reduced to $242,880, which is only $32K/acre. However, smaller parcels, as small as 1 acre may be purchased individually for $35,000/acre. Located just south of Hwy 24/27, & conveniently situated between Charlotte, Concord, & Monroe, this listing is actually 2 parcels together (an additional 2 acres are available for $96,000), and they’re zoned CBI (Campus, Business, Institutional) although light industrial is a possibility. Chicago Tube & Iron recently built a 128,000 sq. ft. plant that makes industrial & commercial tubing for the steel & alum industries. Land is level & ready for development, with electric, water, & sewer hooked-up and gas readily available. Only 1 mile away is a Super Walmart, a new medical center & small shopping center already open, as well as Stanly Community College, & exclusive Red Bridge Golf Community with homes priced in the mid-$400’s. With small lake near road & trees mostly cleared from front portion of property, this land is ready for development. Savvy business developer or investor would buy entire acreage, & then subdivide & sell, thus increasing profit. Property could be developed for warehouse, office, light manufacturing, multi-family, technical school, hotel, motel, church, academic, government, health care, etc. New hospital is being built in vicinity. Will co-broke. For additional information and/or questions, please contact Tonya @704-550-4428 or tonya@bbotc.net.
Business Brokers of the Carolinas, LLC
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
7.59 acres of land on Browns Hill Road with small lake in front is ready for development. Additional 2 acres for sale for $96,000. Trees in front portion have been cleared & property is utility-ready. Zoned Campus/Business/Institutional, land could be sub-divided into smaller parcels.
Market Competition and Expansion:
Prime acreage in excellent location between Charlotte, Concord, & Monroe, NC. About 1 mile away will be new hospital. New medical offices & small shopping center have already opened, a Super Walmart is almost finished, homes on golf course @ mid-$400's, & Stanly Community College are located nearby. Property is ready for development NOW, and already has city water & sewer, & electric, & Piedmont Natural Gas is readily available.
Reason for Selling:
Different avenue of focus
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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