Discover a rare investment opportunity with this 56± acre parcel in Kings Mountain, NC, an area poised for significant growth. Nestled in the scenic North Carolina Piedmont, Kings Mountain is fast becoming a top destination for homebuyers and real estate investors alike, thanks to its mix of small-town charm, rich history, and burgeoning development.
- Strategic Location: With proximity to Charlotte and major highways, Kings Mountain offers easy access to urban amenities, making it ideal for residential and industrial projects. The property is positioned to capitalize on the area’s booming demand for new housing, fueled by a wave of private and public investments.
- Rapid Development and High Demand: Kings Mountain has seen substantial growth, with $23 million in private and $35 million in public investment since 2013. Over 58 new businesses have opened, making it an appealing market for real estate investments. Additionally, the new Catawba Two Kings Casino—a major regional attraction—continues to attract visitors, create jobs, and boost property values, reinforcing the area's appeal to both residents and investors.
- Expanding Industrial Hub: The nearby industrial space along I-85 is attracting big-name brands such as Utz Quality Foods, Newell Brands, and Hanes. As more developments near completion, hundreds of jobs are expected to increase demand for housing, supporting high-density residential growth.
- Future-Proofed Growth Potential: The Kings Mountain housing market is on the rise, with median home prices up 40.9% year-over-year. The county’s reputation for public-private cooperation and strategic development planning makes it an attractive location for sustained growth. With Albemarle Corporation’s new lithium facility and other major projects underway, this property offers a strong foundation for future investments.
- Demographics: The area around El Bethel Acres has a strong demographic profile, with increasing household incomes and a median home sales price of $298,000 as of August 2024, signaling strong demand and a competitive housing market.
This is a prime opportunity for developers and investors seeking to benefit from Kings Mountain’s thriving real estate landscape.