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    925 Julia May Baker Rd Wingate, NC 28174

    Sponsored
    For Sale
    $4,041,750

    Prime 27-Acre Development Site near Wingate University

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 26.94-acre commercial development opportunity presents a unique investment prospect in Wingate, North Carolina. Strategically located on Julia May Baker Road, this property enjoys a highly visible position at the Austin Chaney exit of the Monroe Bypass, offering convenient access and significant exposure to a substantial volume of traffic. Its proximity to Wingate University adds considerable appeal, providing potential for synergy with the university's community and student population. The land is comprised of two parcels, providing flexibility in development plans. This expansive site is ideal for a variety of commercial ventures, from retail and hospitality to light industrial and office spaces. The property's size and location make it an attractive option for developers seeking a substantial land holding in a growing area. Furthermore, an additional 5-acre parcel located at 1009 Austin Chaney Road is available for purchase, presenting an opportunity to expand the development footprint to a total of approximately 32 acres. This combined acreage offers unparalleled potential for large-scale development projects. The asking price for this exceptional property is $4,041,750. Serious inquiries are encouraged to explore the possibilities of this remarkable development opportunity. Detailed site plans and surveys are available upon request. Don't miss this chance to acquire a significant commercial land holding in a vibrant and expanding community.

    Property Features for 925 Julia May Baker Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,173,506 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Spa & Massage Auto Repair Shop Clothing Store Gym & Fitness Skin Care Clinic Furniture Store Acupuncture

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

    Location Insight

    • Map
    • Local Demand
    City
    Wingate
    County
    Union
    State
    North Carolina
    Longitude
    -80.45139
    Latitude
    35.0005

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 27-Acre Development Site near Wingate University
    Where is this commercial real estate located?
    The property is located at 925 Julia May Baker Rd Wingate, NC.
    What is the asking price?
    The asking price for this property is $4,041,750.
    (704) 634-7429
    Request Owner's contact information
    925 Julia May Baker Rd Wingate, NC 28174
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    Wingate, NC 28174
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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
    925 Julia May Baker Rd Wingate, NC 28174
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