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Commercial Site in Growing Area
For Sale
$499,000

1650 Penny Rd, High Point, NC 27265

1.75 acre corner lot near major highways.

Property SizeContact for details
Lot Size1.75 Acres
Days on Market228

Property Features for 1650 Penny Rd

General Information

Standard status Active
Lot size 1.75 Acres
Property subtype Vacant Land
Listing Agency: United Realty Group Inc
Listed By: Jeffrey Cunningham
Source: Burlingtonnchomes4sale
Added: Mar 5 Changed: Oct 3 Last Checked: Oct 7 at 4:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Realty Group Inc

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Investment Insights

Based on property information with market context.

This 1.75-acre corner lot is a premium commercial site situated in a growing area. Its location near major highways, the Palladium shopping center, and the intersection of Wendover and Eastchester (HWY-68) provides access to numerous new and upcoming developments. The flexible Highway Business zoning allows for a wide range of uses, making it suitable for retail, office, warehouse, or mixed-use development.

Key Highlights

  • 1.75 acre corner lot in a growing area.
  • Flexible Highway Business zoning allows for a wide range of uses.
  • Located near major highways for easy access.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Dental Office Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

Demographics for 27265, NC

52,530
Population
22,526
Households
2.3
Avg Household Size
41
Median Age
40%
College-Educated
93%
High-School Grad
41.5 sq mi
ZIP Area
1,266
Density / Sq Mi
$70,929
Median Household Income
$43,006
Median Earnings
$1,123
Median Rent
$239,400
Median Home Value
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - 1.75 acre corner lot near major highways.
Where is this commercial land located?
The property is located at 1650 Penny Rd High Point, NC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1.75 acre corner lot in a growing area.; Flexible Highway Business zoning allows for a wide range of uses.; Located near major highways for easy access.
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