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    OFF-MARKET
    Commercial real estate

    1 Tbd Us Hwy, Rockingham, NC 28379

    31 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 31-acre parcel of land presents a unique opportunity for investors and developers seeking a prime location in Rockingham, NC. Situated on US Highway 1, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The expansive acreage offers ample space for various development projects, from large-scale retail centers and industrial complexes to smaller-scale commercial buildings or even a mixed-use development. The strategic location along a major highway ensures high traffic volume and excellent exposure to potential customers and clients. The absence of existing structures allows for complete design flexibility, enabling developers to tailor the property to their specific vision and requirements. This is a blank canvas ready for a transformative project that will shape the future of Rockingham's commercial landscape. The asking price of $580,000 reflects the significant potential and value of this exceptional property. Given its size, location, and development potential, this 31-acre tract represents a rare and compelling investment opportunity. Serious inquiries are encouraged to explore the possibilities and secure this prime piece of Rockingham real estate. The property is currently designated as "Other" in property type, allowing for a wide range of potential uses. Further due diligence is recommended to confirm zoning regulations and permitted uses.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 31 ac (1,350,360 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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