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    285 Old Greensboro Rd Thomasville, NC 27360

    For Sale
    $70,000

    Wooded Acre, High Visibility, Great Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional investment opportunity presents a prime 1-acre wooded parcel ideally situated in Thomasville, NC, at 285 Old Greensboro Road. Boasting approximately 30 feet of road frontage, this property offers excellent visibility and accessibility. Its strategic location directly across the road from Davidson Davie Community College ensures high traffic volume and significant potential for future development. The wooded nature of the land provides a tranquil setting while still maintaining its prime commercial potential. The seller reports that the state is currently acquiring adjacent property, suggesting potential for increased property value and development in the immediate vicinity. This presents a unique chance to acquire a well-positioned tract of land with considerable upside. The property is being offered at a highly competitive price of $70,000, making it an attractive investment for both seasoned developers and those seeking a promising entry point into the Thomasville commercial real estate market. Given its location and the ongoing state acquisition nearby, this property is expected to attract significant interest. Serious inquiries are encouraged to act swiftly. The absence of existing structures allows for complete design flexibility, catering to a wide range of development possibilities. This is a rare opportunity to secure a valuable piece of land in a rapidly developing area.

    Property Features for 285 Old Greensboro Rd

    General Information

    Property type
    Investment properties
    Insight Report Location Intelligence

    Current Use by Public Records

    CashPoints® ATM Atm

    Suggested Use

    Restaurant Dental Office Building Supply Auto Repair Shop Gym & Fitness Electrical Service Plumbing Service Bookstore

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

    Location Insight

    • Map
    • Local Demand
    City
    Thomasville
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.18496
    Latitude
    35.86402

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    FAQs

    What type of property is this?
    Investment property - Wooded Acre, High Visibility, Great Potential
    Where is this investment property located?
    The property is located at 285 Old Greensboro Rd Thomasville, NC.
    What is the asking price?
    The asking price for this property is $70,000.
    (336) 249-0296
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    Thomasville, NC 27360
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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
    285 Old Greensboro Rd Thomasville, NC 27360
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