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    3741 Us Hwy 501 Hwy Carthage, NC 28327

    For Sale
    $589,000

    High-traffic location, income potential, flexible use.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property in Carthage, NC, presents a compelling investment opportunity. The substantial 15,000 square foot brick building sits on a 0.67-acre lot and is currently generating income via a month-to-month lease with a mechanic shop. The building boasts two drive-in doors, a loading dock, two private offices, a storage room, and ample loft space for additional storage. Two bathrooms provide convenient amenities. The versatile layout offers significant flexibility for a wide range of business uses, making it ideal for owner-occupants or investors seeking to maximize their return. An older, vacant house on the property, with a separate address, presents an opportunity to expand parking or pursue further development. The property benefits from a highly visible location, just minutes from major franchises such as Bojangles, Sheetz, Food Lion, and the Moore County Agricultural Fairgrounds, ensuring high traffic flow and excellent exposure. This property offers a blend of immediate income generation and significant long-term growth potential, making it an attractive investment in a thriving area. The property's size and features make it suitable for a variety of commercial ventures.

    Property Features for 3741 Us Hwy 501 Hwy

    General Information

    Property type
    Investment properties
    Lot Size
    29,185 SF

    Building Details

    Year Built
    1956
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Carthage
    County
    Moore
    State
    North Carolina
    Longitude
    -79.39198
    Latitude
    35.34407

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    FAQs

    What type of property is this?
    Investment property - High-traffic location, income potential, flexible use.
    Where is this investment property located?
    The property is located at 3741 Us Hwy 501 Hwy Carthage, NC.
    What is the asking price?
    The asking price for this property is $589,000.
    (336) 937-7355
    Request Owner's contact information
    3741 Us Hwy 501 Hwy Carthage, NC 28327
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    Realmo Value Estimation

    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.

    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.

    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
    3741 Us Hwy 501 Hwy Carthage, NC 28327
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