Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15 Mill St Wadesboro, NC 28170

    Sponsored
    For Sale
    $300,000

    COMMERCIAL - Wadesboro, NC

    Lot size:
    3.00 Acres
    Days on Market:
    11
    Last Refresh:
    Jan 24 at 12:06 am

    Property Features for 15 Mill St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    6484-15-63-9671-00
    Lot size
    3.00 Acres

    Building Details

    Year built
    1923

    We can help!

    Listing Contact
    Jeremy Taylor

    PLANK ROAD REALTY (704) 694-8519

    Listing agent Jeremy Taylor (704) 695-6148

    Listing date Jan 14, 2026

    MLS# 4336251

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Wadesboro Vacant Land For Sale

    This commercial property features over 3 acres of vacant land zoned LI (Light Industrial). The site offers more than 300 feet of frontage along four-lane Highway 74, providing high visibility. It is suitable for industrial, commercial, or distribution purposes. The property benefits from excellent access and exposure on a major transportation corridor. Located approximately one hour from Charlotte and three hours from Wilmington, it offers regional connectivity. The property is located in Wadesboro, North Carolina.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Gym & Fitness Pharmacy Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wadesboro
    County
    Anson
    State
    North Carolina
    Longitude
    -80.04486846
    Latitude
    34.96421388

    Nearby Similar for Sale

    • $169,900
      0.38 Acres

      Versatile Commercial Property in Wadesboro

      1803 SF commercial space ideal for office or mixed-use.
      202 Greenwood Ln, Wadesboro, NC 28170
      View Details
    • $6,500,000
      1,065.00 Acres

      Professionally Managed Timberland Farm

      Over one thousand acres of timberland with income potential.
      4815 Nc 109 Hwy, Wadesboro, NC 28170
      View Details
    • $399,900
      0.23 Acres

      Wadesboro Commercial Investment Opportunity

      Large commercial space in uptown Wadesboro, priced under $20/square foot.
      201 W Morgan St, Wadesboro, NC 28170
      View Details
    • $74,000
      0.25 Acres

      Turnkey Commercial Space in Wadesboro

      Prime location with flexible layout suitable for various businesses.
      105 E Morgan St, Wadesboro, NC 28170
      View Details
    • Contact for pricing
      16,150 SF

      Wadesboro Warehouse Property For Sale

      16,150 SF warehouse/industrial property in Wadesboro, North Carolina.
      200 Wallace Rd, Wadesboro, NC 28170
      View Details
    • Contact for pricing
      21,660 SF

      Wadesboro Warehouse Space Available

      21,660 SF warehouse space in Wadesboro, North Carolina.
      21 S Nc-742, Wadesboro, NC
      View Details
    • $100,000
      1,364 SF

      Wadesboro Commercial Property - $100k

      Versatile 1,364 sq ft building, great investment opportunity.
      114 Rutherford St, Wadesboro, NC 28170
      View Details
    • $125,000
      1,364 SF

      Wadesboro Commercial Building - Great Potential

      1,364 sq ft building, $125,000. Prime location.
      110 Rutherford St, Wadesboro, NC 28170
      View Details
    • $250,000
      4,000 SF

      Prime Wadesboro Retail Space

      High-traffic location, versatile layout, great price.
      804 Camden Rd, Wadesboro, NC 28170
      View Details
    • $125,000
      1,364 SF

      Wadesboro Commercial Property - $125K

      1,364 sq ft commercial space, ideal for various uses.
      112 Rutherford St, Wadesboro, NC 28170
      View Details
    • $150,000
      1,364 SF

      Wadesboro Commercial Property - Great Potential

      1,364 sq ft building, prime location.
      116 Rutherford St, Wadesboro, NC 28170
      View Details
    • $1,200,000
      18.70 Acres

      Wadesboro Commercial Land - 18.7 Acres

      Prime Wadesboro acreage, near Walmart. Excellent development potential.
      74 None, Wadesboro, NC 28170
      View Details

    FAQs

    What type of property is this?
    Industrial land - 3+ acre vacant land with highway frontage in Wadesboro, NC.
    Where is this industrial land located?
    The property is located at 15 Mill St Wadesboro, NC.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Over 3 acres of vacant land zoned LI (Light Industrial) offering versatile development options.; - **More than 300 feet of high-visibility frontage on four-lane Highway 74.**; - Excellent access and exposure on a major transportation corridor.
    (704) 694-8519
    Request Owner's contact information
    15 Mill St Wadesboro, NC 28170
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15 Mill St
    Wadesboro, NC 28170
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Mill St Wadesboro, NC 28170
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jeremy Taylor
    Real Estate License ID: 278056
    (704) 694-8519
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.