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    Us 70 Hwy Princeton, NC 27569

    Sponsored
    For Sale
    $799,900

    Two lots, US Hwy 70, high traffic.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property offers two contiguous lots totaling 2.24 acres situated on US Highway 70 at the Johnston and Wayne County line. The strategic location provides unparalleled visibility and accessibility for businesses seeking high traffic exposure. Lot 3A encompasses 1.083 acres, while Lot 3B comprises 1.16 acres, offering flexibility for development. The property's prime location makes it ideal for a diverse range of commercial ventures, including restaurants, gas stations, fast-food establishments, or any business seeking a high-traffic location. The area presents a significant opportunity for businesses to thrive due to its strong visibility and convenient access from a major highway. This is a rare opportunity to acquire a substantial commercial property in a rapidly growing area with significant potential for future development and high return on investment. The combined acreage provides ample space for a large-scale development or the potential for separate development of each lot. The property is priced at $799,900 and presents a compelling investment opportunity for discerning buyers. Serious inquiries are encouraged.

    Property Features for Us 70 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    97,574 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Princeton
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.1627
    Latitude
    35.4627

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    FAQs

    What type of property is this?
    Commercial real estate - Two lots, US Hwy 70, high traffic.
    Where is this commercial real estate located?
    The property is located at Us 70 Hwy Princeton, NC.
    What is the asking price?
    The asking price for this property is $799,900.
    (919) 773-0991
    Request Owner's contact information
    Us 70 Hwy Princeton, NC 27569
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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
    Us 70 Hwy Princeton, NC 27569
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