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    7970 Nc Hwy 150 Hwy Terrell, NC 28682

    For Sale
    $4,500,000

    12 Acres, Prime Hwy 150 Corner

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 12-acre commercial property presents a rare opportunity for significant development. Strategically located on the major intersection of Highway 150 and Sherrills Ford Road in Terrell, North Carolina, this site boasts unparalleled visibility and accessibility. The expansive acreage offers ample space for a wide range of commercial ventures, from retail and restaurants to light industrial and office complexes. Its prime location ensures high traffic counts and strong potential for attracting a diverse customer base. The property's corner location maximizes exposure, making it ideal for businesses seeking maximum brand visibility. Given its size and strategic placement, this land parcel represents a significant investment opportunity with substantial long-term growth potential. The high traffic volume generated by the intersection guarantees a steady stream of potential customers, making it an attractive proposition for businesses seeking a strong foothold in a thriving market. This is a blank canvas for a visionary developer to create a landmark commercial development in a rapidly growing area. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $4,500,000.

    Property Features for 7970 Nc Hwy 150 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    522,720 SF

    Building Details

    Year Built
    1883
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Terrell
    County
    Catawba
    State
    North Carolina
    Longitude
    -80.97755
    Latitude
    35.58942

    FAQs

    What type of property is this?
    Commercial real estate - 12 Acres, Prime Hwy 150 Corner
    Where is this commercial real estate located?
    The property is located at 7970 Nc Hwy 150 Hwy Terrell, NC.
    What is the asking price?
    The asking price for this property is $4,500,000.
    (704) 815-3200
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    7970 Nc Hwy 150 Hwy Terrell, NC 28682
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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
    7970 Nc Hwy 150 Hwy Terrell, NC 28682
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