2.68 Acres of Land for Commercial Development

China Grove, NC
Rowan County

Asking Price: Annual Revenue:
$724,000 Not Disclosed

Commercial Real Estate: Land

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RE: 2.68 Acres of Land for Commercial Development Broker: Sara Cartee
License #: 180606

Quick Facts

Asking Price: $724,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 17771150
Broker Reference #: CP97596

Email or Print Listing

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Business Overview:

This is an excellent development opportunity with all utilities available. This area provides a wide array of retail, restaurant and service use businesses to a large retail area in China Grove. The lot is located on 2.68 acres of land zoned for retail development. Located in the heart of China Grove on Hwy 29 in a high traffic area (18K vehicles per day) and 5 minutes from I-85 Exit 68 (83K vehicles per day). Located next to new and recent commercial development. New Bojangles developed in the immediate area; strong retail potential. Price reduce by $125K to $724K . The site now meets the qualifications for the NC Brownsfields "Ready for development program" and "redevelopment now"(expedited review)program. Requirements are "low risk site", "very little contamination", and "ideal for reuse/redevelopment". See listing package for recent testing results and quote for equipment removal, completed by Highlands Environmental, Joe Beaman.

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Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.


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