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    268 Turnersburg Hwy Turnersburg Hwy Hwy Statesville, NC 28625

    Sponsored
    For Sale
    $6,000,000

    High-traffic 6.5-acre development site

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 6.5-acre commercial land parcel presents a prime investment opportunity in Statesville, North Carolina. Located in a high-traffic area along US-21/Turnersburg Highway, just north of the I-40 and US-21 N intersection, this undeveloped tract boasts unparalleled visibility and accessibility. The property sits within Statesville's primary commercial corridor, surrounded by major national retailers such as Home Depot, Publix, Lowe's, Hobby Lobby, PetSmart, Michaels, and Aldi, ensuring high consumer traffic and strong brand recognition. This infill development site is ideal for investors and developers seeking to capitalize on the robust local economy and growing community needs. The site's prominent location offers significant advantages for a variety of commercial uses, benefiting from the high volume of traffic on US-21/Turnersburg Highway, with an estimated Annual Average Daily Traffic (AADT) of 20,000 to 34,999 vehicles, according to the North Carolina Department of Transportation (NCDOT). The property's size and location make it suitable for a range of development projects, from retail centers to mixed-use developments, catering to the area's expanding population and consumer base. This is a rare opportunity to acquire a strategically positioned commercial land parcel in a thriving market. The asking price is $6,000,000.

    Property Features for 268 Turnersburg Hwy Turnersburg Hwy Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    283,140 SF

    Building Details

    Year Built
    2025
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.87607
    Latitude
    35.81713

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic 6.5-acre development site
    Where is this commercial real estate located?
    The property is located at 268 Turnersburg Hwy Turnersburg Hwy Hwy Statesville, NC.
    What is the asking price?
    The asking price for this property is $6,000,000.
    (704) 873-5269
    Request Owner's contact information
    268 Turnersburg Hwy Turnersburg Hwy Hwy Statesville, NC 28625
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    Statesville, NC 28625
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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
    268 Turnersburg Hwy Turnersburg Hwy Hwy Statesville, NC 28625
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