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    00 Us Highway 64 Asheboro, NC 27203

    Sponsored
    For Sale
    $1,200,000

    High-growth area, prime commercial location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 2.43-acre commercial parcel in Asheboro, NC, presents a unique investment opportunity. Situated on US Highway 64 E, it boasts unparalleled visibility and accessibility, with a daily traffic count exceeding 17,000 vehicles. Its strategic location less than 600 feet from the newly opened Randolph County Agriculture Center and the planned site of a major hotel chain ensures high foot traffic and significant future development potential. This prime location is ideal for a wide range of commercial uses, including retail, office spaces, or other ventures seeking high visibility and convenient access. The property's size and location offer significant potential for immediate development or long-term investment growth. The high-growth area surrounding the property promises continued appreciation, making this a rare opportunity to secure a valuable asset in a thriving commercial corridor. Don't miss the chance to capitalize on this exceptional location and its potential for substantial returns. The property is ready for immediate development, offering a blank canvas for your commercial vision. Its strategic placement ensures strong visibility and easy access for customers and employees alike.

    Property Features for 00 Us Highway 64

    General Information

    Property type
    Investment properties
    Lot Size
    105,851 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.73598
    Latitude
    35.72504

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    FAQs

    What type of property is this?
    Investment property - High-growth area, prime commercial location.
    Where is this investment property located?
    The property is located at 00 Us Highway 64 Asheboro, NC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (336) 937-7355
    Request Owner's contact information
    00 Us Highway 64 Asheboro, NC 27203
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    Asheboro, NC 27203
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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
    00 Us Highway 64 Asheboro, NC 27203
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