Property Listing No Longer Available for Sale

1004 Gardner Hill Drive, Jamestown, NC

Land for Sale - $109,900 - 0.45 acres


Property Info

CIMLS#926376
Location
  1004 Gardner Hill Drive
  Jamestown NC 27282
UpdatedNovember 12th, 2017
TypeLand
Price$109,900
Land0.45 acres

Property Description

***PRICE REDUCTION***

SVN/HPW Commercial is pleased to present the opportunity to commercially develop the last available parcel in Gardner Hill Association, a commercial development located at the intersection of Guilford College Road and Gate City Boulevard in Jamestown, North Carolina.

The subject property is juxtaposed to Greensboro, NC and to the Guilford Technical Community College (GTCC), the 3rd largest community college in the state. The Jamestown campus is GTCC's main campus with 31 buildings. GTCC averages 13,000 students per semester and offers 93 different two year degrees, 26 diplomas and 78 certificates. Jamestown is quintessential southern suburb, and part of the growing Greensboro-High Point MSA which had a population of 723,801 in 2010 which increased to 747,397 in 2015, a change of 27,089 (3.7%).

Guilford College Road is a four lane road that exits I-85, one of the largest highways in the southeast. Gate City Boulevard runs directly into GTCC campus, and to I-73 or Downtown Greensboro in the opposite direction. Gate city Boulevard recently underwent major expansion to four lanes and will extend as Jamestown Parkway from GTCC all the way to a new interchange at I-73.

There are three immediate residential communities in close proximity to the property known as Grandover, Sedgefield and Adams Farm. Grandover is an over 1,500-acre development with 1,500 luxury home sites, a conference-style resort, and a 36-hole championship golf course. Sedgefield is a PGA championship golf course surrounded by luxury homes, and Adams Farm houses 1600 residences and two apartment complexes. There are additional multifamily and high-density residential projects under construction in very close proximity.

Location Description:

This last available land parcel for commercial development located in Gardner Hill Association, a commercial development at the major intersection of Gate City Boulevard and Guilford College Road in Jamestown, NC, is juxtaposed to Greensboro, NC and the main campus of Guilford Technical Community College. It is directly behind the anchor tenant, a Sheetz C Store.

Highlights:

>> Strong Household Income - ~$100,000 in One Mile

>> Cross-Eased with Sheetz Convenience Store

>> Major Intersection of Gate City Boulevard and Guilford College Road

>> Juxtaposed to Greensboro, NC and Guilford Technical Community College

>> GTCC - 3rd Largest Community College in State

>> Greensboro-High Point - 3rd Largest MSA in State

>> Adjacent to Substantial and Increasing Residential Developments

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Financials

Cash or Cash Equivalent

Sales Info:

>> Commision split: 8.0%