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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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4809 Us 74 Hwy , Wingate, NC 28174
$2,250,000
Est. Payment: $5,000.00/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 107
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13466 - 52161
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House Description

Rare opportunity to acquire a highly visible 18.63+/- acre commercial and industrial property in the growing Wingate market. Featuring a 14,000+/- square foot building, approximately 1,600 feet of frontage along Highway 74. CSX Railway at the back of the property. Zoned Highway Corridor (Town of Wingate) with light industrial uses permitted, the property presents a variety of possible development opportunities. Its strategic location along a major transportation corridor positions the property to benefit from continued growth and development. Infrastructure options further enhance the property's development appeal. The site is currently served by septic, with sewer reportedly available across Highway 74 through Union County. Natural gas is available through the City of Monroe, and water is provided by Marshville. An existing crop lease currently helps offset ownership expenses, with the agricultural lease paying property taxes. The lease operates on a month-to-month basis, and any planted crops retain a one-year harvest right following closing. There is an adjacent property featuring a 5,292+/- square foot custom brick residence with 21.47+/- acres. Together, the two parcels create an approximately 40+/- acre assemblage with outstanding potential for a mixed-use development. The combined offering is available for $5,250,000. Lot lines are estimates.

Highlights

Listed by Debra Votta , 704-909-9630 Votta Realty , 704-909-9630.

Property Type

Commercial Sale

Lot/Acreage
18.6

Year Built

1968

County

Union

Listing ID

4388468

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Concrete
Below Ground Sq Ft:0
Water:City

Exterior Features

Lot:Cleared,Crops,Green Area,Pasture,Paved,Private,Rolling Slope
Zoning:AI1
Roof:Metal
Sewer:Septic Installed,Tap Fee Required,Other - See Remarks
Parking Features:Driveway
Principal Interest
$5,000
Taxes
$1,434

Home Price

$2,250,000

Loan Details

30 yrs
%

Down Payment

20%
$450,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,000.00 $1,434.38 $0.00 $6,434.38
Yearly $60,000.00 $17,212.50 $0.00 $77,212.50
Total $1,800,000.00 $516,375.00 $0.00 $2,316,375.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wingate, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.