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    1885 Old Mountain Rd Statesville, NC 28677

    Sponsored
    For Sale
    $449,000

    High-traffic I-40 access, 1.99 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1.99-acre commercial lot presents a remarkable opportunity for entrepreneurs seeking high visibility and convenient access to major transportation routes. Situated on Old Mountain Road in Statesville, North Carolina, this property benefits from its strategic location near Interstate 40, a key artery for regional and interstate travel. The high volume of traffic on I-40 translates to significant potential for increased customer exposure and brand recognition. Businesses operating from this location will enjoy enhanced visibility, attracting customers from a wide geographical area. The property's proximity to I-40 offers significant advantages for both customers and employees, with easy access for commuting and convenient travel for clients. This translates to increased foot traffic and a potentially larger customer base. The lot's size provides ample space for a variety of business ventures, offering flexibility in development and design. The property's location near I-40 makes it an ideal site for businesses seeking to capitalize on the high volume of daily traffic, ensuring maximum exposure and accessibility. This is a rare opportunity to establish a business in a high-traffic area with excellent visibility and convenient access to a major interstate highway. The potential for growth and success in this location is undeniable. This property is priced at $449,000.

    Property Features for 1885 Old Mountain Rd

    General Information

    Property type
    Investment properties
    Lot Size
    86,684 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.99449
    Latitude
    35.77013

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    FAQs

    What type of property is this?
    Investment property - High-traffic I-40 access, 1.99 acres.
    Where is this investment property located?
    The property is located at 1885 Old Mountain Rd Statesville, NC.
    What is the asking price?
    The asking price for this property is $449,000.
    Request Owner's contact information
    1885 Old Mountain Rd Statesville, NC 28677
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    Statesville, NC 28677
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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
    1885 Old Mountain Rd Statesville, NC 28677
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