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    Coral Ln Thomasville, NC 27360

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    For Sale
    $299,900

    Large commercial lot near hospital and residential area.

    Lot size:
    11.87 Acres

    Property Features for Coral Ln

    General Information

    Lot size
    11.87 Acres

    Source: Villamar Real Estate & Investments Agent Villamar Real Estate & Investments

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

    Overview

    Thomasville Commercial Land Opportunity

    This spacious lot, spanning over 11 acres, is located in Thomasville and features commercial zoning. Situated behind the Millstone Manor Subdivision and in close proximity to Novant Thomasville Hospital, the property is zoned for Office Industrial use. This zoning makes it suitable for various purposes, including office buildings, a new subdivision, or even a single-family home with substantial land.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Thomasville
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.1167773
    Latitude
    35.8818443

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    FAQs

    What type of property is this?
    Commercial land - Large commercial lot near hospital and residential area.
    Where is this commercial land located?
    The property is located at Coral Ln Thomasville, NC.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - 11+ acre lot offers substantial space and development potential.; - Commercial zoning allows for diverse usage, including **office buildings or a new subdivision.**; - Proximity to Novant Thomasville Hospital provides convenient access and potential business opportunities.
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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
    Coral Ln Thomasville, NC 27360
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