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    320 Newsome Rd King, NC 27021

    Sponsored
    For Sale
    $299,000

    2.3-Acre Industrial Lot, $299,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 2.3-acre industrial property, located at 320 Newsome Road in King, North Carolina, presents a unique investment opportunity. Previously utilized as a cement plant, the site offers significant potential for redevelopment or repurposing. The expansive acreage provides ample space for various industrial uses, allowing for substantial expansion or the construction of new facilities. The property's location in King, NC offers convenient access to major transportation routes, facilitating efficient logistics and distribution. While the square footage of existing structures is not currently specified, the substantial land area allows for significant building potential. The asking price of $299,000 represents a compelling value for a property of this size and potential in a growing market. This property is ideal for entrepreneurs seeking a large-scale industrial site for a new venture or established businesses looking to expand their operations. The history of the site as a cement plant provides a solid foundation for various industrial applications, and the ample land allows for flexibility in design and development. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the site's history and potential uses are available upon request. This is a rare opportunity to acquire a significant industrial property in a desirable location at an attractive price point.

    Property Features for 320 Newsome Rd

    General Information

    Property type
    Industrial properties
    Lot Size
    100,188 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    King
    County
    Stokes
    State
    North Carolina
    Longitude
    -80.37651
    Latitude
    36.26373

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    FAQs

    What type of property is this?
    Industrial property - 2.3-Acre Industrial Lot, $299,000
    Where is this industrial property located?
    The property is located at 320 Newsome Rd King, NC.
    What is the asking price?
    The asking price for this property is $299,000.
    (336) 985-0208
    Request Owner's contact information
    320 Newsome Rd King, NC 27021
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    King, NC 27021
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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
    320 Newsome Rd King, NC 27021
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