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    1 Tbd Us Hwy Rockingham, NC 28379

    For Sale
    $580,000

    Prime Rockingham acreage, ideal for development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    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 Features for 1 Tbd Us Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,350,360 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rockingham
    County
    Richmond
    State
    North Carolina
    Longitude
    -79.8149
    Latitude
    34.88304

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Rockingham acreage, ideal for development.
    Where is this commercial real estate located?
    The property is located at 1 Tbd Us Hwy Rockingham, NC.
    What is the asking price?
    The asking price for this property is $580,000.
    (910) 997-6222
    Request Owner's contact information
    1 Tbd Us Hwy Rockingham, NC 28379
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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
    1 Tbd Us Hwy Rockingham, NC 28379
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