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    3209 Northwood Dr Norwood, NC 28128

    Sponsored
    For Sale
    $85,000

    Prime location, high visibility, great access.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 0.56-acre commercial lot at 3209 Northwood Drive, Unit Outparce, Norwood, NC, presents a compelling investment opportunity. Situated directly beside a newly constructed Dollar General Market, this property benefits from the high traffic volume generated by the store, exceeding 9,200 vehicles per day. Its strategic location along Highway 52, a major thoroughfare in southern Stanly County, ensures significant visibility and accessibility to a substantial residential population. The property is already zoned Highway Business, a designation that reflects its suitability for a variety of commercial uses and complements the existing businesses in the immediate vicinity. This advantageous zoning, combined with the high traffic counts, creates a multitude of potential uses for this site. Importantly, access to the property is already established via a shared access easement with the adjacent Dollar General Market, eliminating the need for costly road improvements. Essential utilities, including water and sewer, are readily available. This turnkey property offers a rare chance to capitalize on a prime commercial location with exceptional visibility and convenient access, making it an ideal investment for discerning buyers. Contact us today to learn more about this remarkable opportunity.

    Property Features for 3209 Northwood Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    24,394 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Auto Repair Shop Clothing Store Auto Parts Store Department Store Skin Care Clinic Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.14002
    Latitude
    35.23556

    Nearby Comparable

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    Nearby Similar for Sale

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      Acreage with a 1,280 SF building near Highway 52.
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      Norwood Retail Opportunity on Main

      Two buildings in Norwood's social district, potential restaurant use.
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      Downtown Norwood Commercial Gem

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, high visibility, great access.
    Where is this commercial real estate located?
    The property is located at 3209 Northwood Dr Norwood, NC.
    What is the asking price?
    The asking price for this property is $85,000.
    (704) 202-0091
    Request Owner's contact information
    3209 Northwood Dr Norwood, NC 28128
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    Norwood, NC 28128
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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
    3209 Northwood Dr Norwood, NC 28128
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