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    3141 Willie Measley Rd La Grange, NC 28551

    For Sale
    $2,900,000

    Large corner lot with development potential near future Interstate 42.

    Lot size:
    13.20 Acres

    Property Features for 3141 Willie Measley Rd

    General Information

    Lot size
    13.20 Acres

    Source: The Overton Group, LLC Agent Martin Tanski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot Near Future Interstate

    This corner lot consists of three separate parcels totaling approximately 13.2 acres. Located at the intersection of Highway 70 and Willie Measley Road, the property is situated 7 miles from the new eastern North Carolina Amazon facility. A 25,176 square foot concrete block building is located on the largest tract, which consists of 9 acres. The building may be repurposed for a variety of operations. The future Interstate 42 is planned for development at the current intersection of this property, potentially providing superior visibility and accessibility. This corner lot is positioned to be one of the first properties accessible off the new bypass. The Department of Transportation is planning to acquire the land needed to complete the project within the next few years, which could potentially offset the purchase price. The owners would consider leasing the property in addition to seller financing. This area has the potential to see a population increase as the bypass will reduce drive times to larger MSA's.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Auto Parts Store Clothing Store Kitchen & Bath Bar & Pub Garden Center Electrical Service Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    La Grange
    County
    Lenoir
    State
    North Carolina
    Longitude
    -77.7547788
    Latitude
    35.2867393

    Nearby Similar for Sale

    • $1,800,000

      Commercial Property with Trucking Potential

      Two buildings with office, living space, and truck garages.
      6491 E Us 70 Hwy, La Grange, NC 28551
      View Details

    FAQs

    What type of property is this?
    Land - Large corner lot with development potential near future Interstate 42.
    Where is this land located?
    The property is located at 3141 Willie Measley Rd La Grange, NC.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Future Interstate 42 access at the property's intersection, **providing superior visibility and accessibility.**; - Large corner lot consisting of 3 parcels totaling +/-13.2 acres.; - **25,176 square foot concrete block building on the largest 9-acre tract.**
    (919) 368-2868
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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
    3141 Willie Measley Rd La Grange, NC 28551
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