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    0000 Unit Tract 2 Statesville, NC 28625

    Sponsored
    For Sale
    $425,000

    5.88 Acres, Hwy 115 Frontage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 5.88-acre commercial land parcel presents a unique investment opportunity in Statesville, NC. Strategically located on NC Highway 115/Wilkesboro Highway, the property boasts an impressive 505 feet of road frontage, ensuring high visibility and accessibility. The land is to be surveyed and deeded from a larger 11.66-acre tract, a survey with topography details is readily available. Zoned O-1, this site offers considerable potential for various commercial developments. A small stream flows through the property, adding a natural element to the landscape. The existing survey of the larger 11.66-acre parcel provides comprehensive topographical information. This prime location offers excellent exposure to high traffic volume, making it ideal for businesses seeking strong visibility and convenient access for customers. The ample acreage allows for flexibility in development plans, accommodating a range of commercial ventures. Serious inquiries are encouraged to explore the possibilities of this exceptional property. Contact the listing office for further details and to obtain the survey. The asking price is $425,000.

    Property Features for 0000 Unit Tract 2

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    256,133 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.90578
    Latitude
    35.80204

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    FAQs

    What type of property is this?
    Office Property / Space - 5.88 Acres, Hwy 115 Frontage
    Where is this office property / space located?
    The property is located at 0000 Unit Tract 2 Statesville, NC.
    What is the asking price?
    The asking price for this property is $425,000.
    (704) 880-5420
    Request Owner's contact information
    0000 Unit Tract 2 Statesville, NC 28625
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    0000 Unit Tract 2
    Statesville, NC 28625
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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
    0000 Unit Tract 2 Statesville, NC 28625
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