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Highway 64 Commercial Opportunity
For Sale
$855,000

557 E Dixie Drive, Asheboro, NC 27203

0.45 acres on high-traffic corridor, suitable for various businesses.

Days on Market404

Property Features for 557 E Dixie Drive

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1937
Listing Agency: MCKENZIE REAL ESTATE OF NC LLC
Listed By: JENNA MCKENZIE · License #272937
Source: Corcoran
Added: Jun 24, 2025 Changed: Jul 6 Last Checked: Jul 31 at 7:49AM

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 MCKENZIE REAL ESTATE OF NC LLC

Investment Insights

Based on property information with market context.

This commercial opportunity is located on Highway 64 and includes four parcels totaling 0.45 acres. The parcels will be sold together. Two of the parcels have buildings, and two are vacant lots. The property is located on a high-traffic corridor with over 34,500 daily vehicles. The location offers visibility and is surrounded by national brands such as KFC, Dairy Queen, Dunkin’, Hardee’s, CVS, Southern States, and Cook Out. The property is zoned B2, allowing for a variety of business uses. The area is a well-established commercial area with traffic and demand, suitable for business or investment.

Key Highlights

  • Prime commercial location on Highway 64 with high traffic volume (34,500+ daily vehicles).
  • Four parcels totaling 0.45 acres included (2 with buildings, 2 vacant lots).
  • Located in a well‑established commercial area surrounded by major national brands.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

491
Businesses Nearby
180k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 68% Shops & Services 29% Electronics 2% Home Improvements & Furnishings 1%
Cook Out Dining
30,575 visits/mo 0.4 miles
Speedway Shops & Services
21,908 visits/mo 0.4 miles
Dunkin' Donuts Dining
17,563 visits/mo 0.2 miles
Bojangles' Famous Chicken 'n Biscuits Dining
15,127 visits/mo 0.5 miles
Arby's Dining
12,424 visits/mo 0.5 miles

Demographics for 27203, NC

21,869
Population
9,937
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
81%
High-School Grad
22.5 sq mi
ZIP Area
972
Density / Sq Mi
$47,506
Median Household Income
$32,900
Median Earnings
$852
Median Rent
$141,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 0.45 acres on high-traffic corridor, suitable for various businesses.
Where is this commercial land located?
The property is located at 557 E Dixie Drive Asheboro, NC.
What is the asking price?
The asking price for this property is $855,000.
What are key features of this property?
This property features: Prime commercial location on Highway 64 with high traffic volume (34,500+ daily vehicles).; Four parcels totaling 0.45 acres included (2 with buildings, 2 vacant lots).; Located in a well‑established commercial area surrounded by major national brands.
More about this property
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