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    108 Wright Rd Biscoe, NC 27209

    Sponsored
    For Sale
    $1,100,000

    Prime Commercial Lot near Walmart. High Visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 6.11-acre commercial lot presents a truly unparalleled investment opportunity in the heart of Biscoe, NC. Situated directly across the highway from a Walmart Supercenter and numerous other shopping and dining establishments, this property boasts exceptional visibility and accessibility, guaranteeing high traffic flow. Its strategic location within Montgomery County's commercial hub ensures maximum exposure to a large and consistent customer base. The property has recently undergone zoning changes, now officially designated for commercial use, eliminating any uncertainty regarding permitted development. This opens the door to a wide range of potential uses, from retail spaces and restaurants to office buildings and other commercial ventures. The substantial lot size provides ample space for large-scale development or the construction of multiple buildings. The high-traffic location, combined with the recent zoning update, makes this a rare and highly desirable opportunity for investors seeking a prime commercial property in a thriving area. Don't miss this chance to secure a piece of Biscoe's vibrant commercial landscape. The asking price is $1,100,000. Serious inquiries only.

    Property Features for 108 Wright Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    266,152 SF

    Building Details

    Year Built
    1947
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Biscoe
    County
    Montgomery
    State
    North Carolina
    Longitude
    -79.79547
    Latitude
    35.35957

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Lot near Walmart. High Visibility.
    Where is this commercial real estate located?
    The property is located at 108 Wright Rd Biscoe, NC.
    What is the asking price?
    The asking price for this property is $1,100,000.
    (910) 428-2220
    Request Owner's contact information
    108 Wright Rd Biscoe, NC 27209
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    Biscoe, NC 27209
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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
    108 Wright Rd Biscoe, NC 27209
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