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    1461 Main St Randleman, NC 27317

    For Sale
    $375,000

    Prime 2.46-acre retail lot, high visibility, ready to build.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 2.46-acre commercial property, located at 1461 S Main Street in Randleman, NC, presents a unique investment opportunity. Zoned B-2, this parcel boasts over 530 feet of road frontage, ensuring maximum visibility and accessibility for any commercial venture. The land has been recently cleared and graded, significantly reducing development costs and expediting the construction process. The site previously housed a home, with existing well and septic systems in place, offering potential flexibility for future development. City water and sewer connections are readily available across the street, with approvals already secured for hook-up. The flat topography of the lot simplifies construction and maximizes usable space. A significant advantage is the property's adjacency to a parcel already approved for multi-family development, creating a built-in customer base and potential for synergistic ventures. This prime location in Randleman's opportunity zone offers substantial potential for growth and return on investment. The property's size, location, and existing infrastructure make it an ideal site for a variety of retail businesses seeking high visibility and convenient access. This is a rare opportunity to acquire a ready-to-develop commercial lot in a thriving area. The asking price is $375,000.

    Property Features for 1461 Main St

    General Information

    Property type
    Retail properties
    Lot Size
    107,158 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Randleman
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.81178
    Latitude
    35.78989

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    FAQs

    What type of property is this?
    Retail property - Prime 2.46-acre retail lot, high visibility, ready to build.
    Where is this retail property located?
    The property is located at 1461 Main St Randleman, NC.
    What is the asking price?
    The asking price for this property is $375,000.
    (336) 937-7355
    Request Owner's contact information
    1461 Main St Randleman, NC 27317
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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
    1461 Main St Randleman, NC 27317
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