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    120 Union Church Rd Carthage, NC 28327

    Sponsored
    For Sale
    $1,495,000

    15 Acres, Prime Location, Development Ready

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 15.25-acre commercial property in Carthage, NC, presents a unique investment opportunity. Located off US 15/501, this strategically positioned land boasts high visibility and easy access to major transportation routes. The property includes an existing building, currently used for storage and maintenance, sold "as-is." This building offers immediate potential for various uses or could be easily removed to accommodate new construction. The zoning is currently TBD-CZ, offering flexibility for future development plans. Situated in central North Carolina's Moore County, this location provides convenient access to both Charlotte and Raleigh, with Southern Pines and Pinehurst just 15 minutes away. Fort Liberty/Fayetteville is approximately a 30-minute drive. Priced at $1,495,000, this translates to less than $100,000 per acre, making it an attractive proposition for developers seeking a prime location with significant upside potential. The property's size and location make it ideal for a variety of commercial ventures, from warehousing and distribution to retail and light industrial uses. Detailed information and showing instructions are available upon request. Don't miss this chance to acquire a substantial piece of commercial real estate in a rapidly growing area.

    Property Features for 120 Union Church Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    664,290 SF

    Building Details

    Year Built
    1945
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Moore
    State
    North Carolina
    Longitude
    -79.39324
    Latitude
    35.34284

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    FAQs

    What type of property is this?
    Commercial real estate - 15 Acres, Prime Location, Development Ready
    Where is this commercial real estate located?
    The property is located at 120 Union Church Rd Carthage, NC.
    What is the asking price?
    The asking price for this property is $1,495,000.
    (704) 323-5100
    Request Owner's contact information
    120 Union Church Rd Carthage, NC 28327
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    Carthage, NC 28327
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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
    120 Union Church Rd Carthage, NC 28327
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