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    1113 Main St Randleman, NC 27317

    Sponsored
    For Sale
    $299,000

    Prime 2.47-Acre Commercial Land

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 2.47-acre commercial lot enjoys a highly visible location at the intersection of Highway 311 and US Highway 220 Business, just south of Randleman, North Carolina. The property benefits from excellent visibility due to its placement at a traffic light, ensuring maximum exposure for any business. This strategic location offers significant potential for a variety of commercial ventures, capitalizing on the high traffic volume of these major roadways. The expansive lot provides ample space for development, allowing for flexibility in design and construction to suit diverse business needs. The property's size and location make it an ideal opportunity for businesses seeking high visibility and accessibility in a thriving area. Given its prime location and significant size, this property presents a rare opportunity for investors and entrepreneurs looking to establish a strong commercial presence in Randleman. The intersection's high traffic count translates to substantial potential for customer reach and brand recognition. This is a turnkey opportunity to build a successful business in a highly desirable location. Serious inquiries are encouraged to explore the possibilities this exceptional commercial lot offers. The property is priced at $299,000.

    Property Features for 1113 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    107,593 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Skin Care Clinic Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Randleman
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.81245
    Latitude
    35.79736

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2.47-Acre Commercial Land
    Where is this commercial real estate located?
    The property is located at 1113 Main St Randleman, NC.
    What is the asking price?
    The asking price for this property is $299,000.
    (336) 626-5600
    Request Owner's contact information
    1113 Main St Randleman, NC 27317
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    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
    1113 Main St Randleman, NC 27317
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