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    1631 Fairgrove Church Rd Conover, NC 28613

    Sponsored
    For Sale
    $550,000

    4.6 Acres, I-40 Visibility, Development Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 4.6-acre commercial parcel presents a remarkable investment opportunity in Conover, North Carolina. Strategically located directly off Interstate 40, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. Its prime location adjacent to a Quality Inn hotel further enhances its potential, suggesting synergistic development possibilities. The expansive acreage offers ample space for substantial construction, allowing for flexibility in design and functionality. The property's high-traffic location ensures significant exposure to a large and diverse customer base, driving potential for strong returns on investment. Given its size and location, this land is well-suited for a variety of uses, including but not limited to, hospitality, retail, or light industrial development. The existing infrastructure surrounding the property provides convenient access to essential utilities and services. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area with exceptional visibility and development potential. Serious inquiries are encouraged to explore the possibilities this unique property offers. The asking price is $550,000.

    Property Features for 1631 Fairgrove Church Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    200,376 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Auto Parts Store Wholesale Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Conover
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.26062
    Latitude
    35.69955

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    FAQs

    What type of property is this?
    Commercial real estate - 4.6 Acres, I-40 Visibility, Development Potential
    Where is this commercial real estate located?
    The property is located at 1631 Fairgrove Church Rd Conover, NC.
    What is the asking price?
    The asking price for this property is $550,000.
    (704) 540-7500
    Request Owner's contact information
    1631 Fairgrove Church Rd Conover, NC 28613
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    Conover, NC 28613
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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
    1631 Fairgrove Church Rd Conover, NC 28613
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