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    00 Mcmasters St Asheboro, NC 27203

    Sponsored
    For Sale
    $79,000

    Prime 0.52-acre lot, ready to build.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.52-acre commercial lot presents a remarkable development opportunity in Asheboro, NC. Located in a thriving commercial zone (B2), the property is already cleared and graded, eliminating significant pre-construction hurdles. Utilities are readily available, including water, sewer, gas, and fiber optic connections, ensuring seamless infrastructure integration for any new development. Its strategic location offers high visibility and convenient access for customers and employees. The property enjoys proximity to a variety of amenities, including major retailers, restaurants, and service providers, as well as Asheboro's vibrant downtown area. Furthermore, its convenient access to major highways provides easy connectivity to Greensboro, High Point, and Siler City, expanding its market reach and appeal. This ready-to-build lot represents a rare investment opportunity in a growing market, perfect for businesses seeking expansion or a new location. The property's ideal location and infrastructure make it an attractive proposition for a wide range of commercial ventures. Seize this chance to build your business in a dynamic and accessible location within Asheboro's thriving commercial landscape. This is a turnkey opportunity to capitalize on the area's growth potential.

    Property Features for 00 Mcmasters St

    General Information

    Property type
    Investment properties
    Lot Size
    22,651 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.80982
    Latitude
    35.72182

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    FAQs

    What type of property is this?
    Investment property - Prime 0.52-acre lot, ready to build.
    Where is this investment property located?
    The property is located at 00 Mcmasters St Asheboro, NC.
    What is the asking price?
    The asking price for this property is $79,000.
    (336) 937-7355
    Request Owner's contact information
    00 Mcmasters St Asheboro, NC 27203
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    Asheboro, NC 27203
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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
    00 Mcmasters St Asheboro, NC 27203
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