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    Us 70 Hwy Princeton, NC 27569

    For Sale
    $398,000

    1.08-acre lot, ideal for development. High-traffic location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 1.08-acre commercial lot presents a rare opportunity for investors and developers in the thriving town of Princeton, North Carolina. Situated on W US 70 Highway, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any future business venture. The expansive lot offers significant potential for a variety of commercial uses, from retail establishments and restaurants to office spaces and light industrial facilities. Its prime location along a major highway guarantees a steady stream of potential customers and employees. The absence of existing structures allows for complete design flexibility, enabling the creation of a custom-built facility tailored to specific business needs. This is a blank canvas ready for your vision, offering a chance to establish a strong presence in a growing community. The asking price of $398,000 represents a compelling investment opportunity in a desirable location with significant upside potential. Don't miss this chance to secure a piece of prime commercial real estate in Princeton, NC. The property is zoned for general commercial use. Further due diligence is recommended to confirm all zoning regulations and permitted uses.

    Property Features for Us 70 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    47,045 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Princeton
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.23689
    Latitude
    35.48185

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    FAQs

    What type of property is this?
    Commercial real estate - 1.08-acre lot, ideal for development. High-traffic location.
    Where is this commercial real estate located?
    The property is located at Us 70 Hwy Princeton, NC.
    What is the asking price?
    The asking price for this property is $398,000.
    (919) 773-0991
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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
    Us 70 Hwy Princeton, NC 27569
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