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    111 Wises Store Rd Murfreesboro, NC 27855

    Sponsored
    For Sale
    $799,000

    1.5 Acres, $799,000 - Great Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1.5-acre commercial lot presents a remarkable investment opportunity in the thriving town of Murfreesboro, North Carolina. Located at 111 WISES STORE Road, this property offers significant potential for a wide range of commercial ventures. The expansive acreage provides ample space for development, allowing for flexibility in design and functionality. The property's strategic location within Murfreesboro ensures high visibility and accessibility, making it an ideal site for businesses seeking a strong presence in a growing community. The asking price of $799,000 reflects the significant value and potential return on investment this property offers. Given the size and location, this land is suitable for a variety of commercial uses, from retail establishments and restaurants to office spaces and light industrial facilities. Prospective buyers are encouraged to conduct their own due diligence to determine the optimal use for this versatile property. The absence of existing structures allows for complete customization, enabling developers to create a space perfectly tailored to their specific needs and vision. This is a rare opportunity to acquire a substantial commercial parcel in a desirable location, offering significant long-term growth potential. Don't miss this chance to secure a prime piece of Murfreesboro real estate. Serious inquiries only.

    Property Features for 111 Wises Store Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    65,340 SF

    Building Details

    Year Built
    1991
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Hertford
    State
    North Carolina
    Longitude
    -77.12108
    Latitude
    36.44319

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    Nearby Similar for Sale

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      178,550 SF

      Industrial Facility with Established Tenant

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    FAQs

    What type of property is this?
    Commercial real estate - 1.5 Acres, $799,000 - Great Potential
    Where is this commercial real estate located?
    The property is located at 111 Wises Store Rd Murfreesboro, NC.
    What is the asking price?
    The asking price for this property is $799,000.
    (252) 332-2867
    Request Owner's contact information
    111 Wises Store Rd Murfreesboro, NC 27855
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    Murfreesboro, NC 27855
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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
    111 Wises Store Rd Murfreesboro, NC 27855
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