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    Nc 24/27 Hwy Biscoe, NC 27356

    For Sale
    $489,000

    High-traffic location, 13.7 acres, expansion potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 13.7-acre commercial property is ideally situated in Biscoe, NC, near a Super Walmart, ensuring high visibility and substantial traffic flow. The property's prime location within Montgomery County's commercial hub presents a unique opportunity for significant expansion and development. Its expansive acreage allows for a wide range of commercial ventures, from retail establishments and restaurants to light industrial uses. The high-traffic area guarantees excellent exposure to a large customer base, making it an attractive investment for businesses seeking a strategic location with growth potential. The property's proximity to a major retailer like Walmart further enhances its desirability and accessibility. This is a rare chance to acquire a substantial commercial parcel in a thriving area, offering significant returns on investment for the discerning buyer. The land is ready for immediate development, presenting a blank canvas for ambitious commercial projects. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is zoned for commercial use and is ready for immediate development. This is a prime opportunity to establish a successful business in a high-growth area.

    Property Features for Nc 24/27 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    596,772 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Biscoe
    County
    Montgomery
    State
    North Carolina
    Longitude
    -79.6805
    Latitude
    35.36596

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, 13.7 acres, expansion potential.
    Where is this commercial real estate located?
    The property is located at Nc 24/27 Hwy Biscoe, NC.
    What is the asking price?
    The asking price for this property is $489,000.
    (910) 428-2220
    Request Owner's contact information
    Nc 24/27 Hwy Biscoe, NC 27356
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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
    Nc 24/27 Hwy Biscoe, NC 27356
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