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    2842 Gray Fox Rd Indian Trail, NC 28079

    For Sale
    $850,000

    6.63-acre light industrial parcel with cleared area and highway access.

    Property Features for 2842 Gray Fox Rd

    General Information

    Standard status
    Active

    Source: HOME TEAM PROS Agent OLGA KICHIGINA

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

    Overview

    Industrial Land Near Highway 74

    This 6.63-acre Light Industrial (L-I) parcel is strategically located near Highway 74 and the Monroe Bypass, offering excellent access in a high-growth Union County corridor. Approximately 2 acres are already cleared. The site features level topography and paved public road frontage on Gray Fox Road. A recorded perpetual easement for a communications tower is in place. A portion of the property lies in FEMA Flood Zone AE. Professionally prepared architectural plans and a recently approved zoning site plan may be made available to qualified buyers with a strong or full-price offer.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Indian Trail
    County
    Union
    State
    North Carolina
    Longitude
    -80.6145
    Latitude
    35.0963

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    FAQs

    What type of property is this?
    Industrial land - 6.63-acre light industrial parcel with cleared area and highway access.
    Where is this industrial land located?
    The property is located at 2842 Gray Fox Rd Indian Trail, NC.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Excellent access to Highway 74 and the Monroe Bypass in a high-growth area.; - 6.63-acre Light Industrial (L-I) parcel suitable for development.; - Approximately 2 acres already cleared, reducing development time and costs.
    (704) 858-1077
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    2842 Gray Fox Rd Indian Trail, NC 28079
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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
    2842 Gray Fox Rd Indian Trail, NC 28079
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