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    1500 W Front St Statesville, NC 28677

    For Sale
    $480,000

    Development site in Front Street Redevelopment project with rail access.

    Lot size:
    3.50 Acres

    Property Features for 1500 W Front St

    General Information

    Lot size
    3.50 Acres

    Source: Ezra and Associates. LLC Agent Dwayne L. Tutt

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

    Overview

    Statesville Mixed Use Development Site

    This mixed-use development site is located within the City of Statesville's new Front Street Redevelopment project. The site is suitable for light industry and features both rail access and utilities.
    Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.9133066
    Latitude
    35.7849717

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    FAQs

    What type of property is this?
    Land - Development site in Front Street Redevelopment project with rail access.
    Where is this land located?
    The property is located at 1500 W Front St Statesville, NC.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: - Prime location within the City of Statesville's new Front Street Redevelopment project.; - Mixed-use development site.; - Suitable for light industry.
    (828) 455-4826
    Request Owner's contact information
    1500 W Front St Statesville, NC 28677
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    Statesville, NC 28677
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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
    1500 W Front St Statesville, NC 28677
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