Property profile

TBD-1 Bridge St Elkin, NC 28621

OFF-MARKET
Investment properties
1.13 ac lot
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Property summary

AI-generated overview

This exceptional 1.13-acre commercial lot presents a rare opportunity in the thriving town of Elkin, North Carolina. Situated at the highly visible corner of North Bridge Street (Bus 21-N) and Poplar Springs Road, this property boasts unparalleled exposure to a significant volume of daily traffic. The strategic location makes it ideal for a wide range of businesses seeking maximum visibility and accessibility. Imagine the potential for a mini-mart, a high-volume restaurant, or any other enterprise that thrives on high traffic counts and prominent street frontage. The lot offers excellent road frontage on three sides, maximizing signage opportunities and customer access. This is a blank canvas for a savvy investor looking to capitalize on a prime location in a growing community. The property's size and location offer significant development potential, making it an attractive investment for both established businesses and new ventures. The asking price of $250,000 reflects the exceptional value and potential of this unique commercial offering. Don't miss this chance to secure a highly desirable corner lot in a bustling area of Elkin. Serious inquiries are encouraged.

Property profile

Verified
Property type Investment properties
Lot 1.13 ac (49,223 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

TBD-1 Bridge St Elkin, NC 28621
Elkin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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