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Versatile Property with Mixed Zoning
For Sale
$219,500

854 NC Highway 770, Mayodan, NC 27027

3.29 acres with commercial building and residential potential.

Property Size3,400 SF
Lot Size3.29 Acres
Price / SF$64.56
Days on Market668

Property Features for 854 NC Highway 770

General Information

Standard status Active
Size 3,400 SF
Lot size 3.29 Acres
Property subtype Retail

Amenities

3
Listing Agency: A New Dawn Realty, Inc
Listed By: Phillip Stone
Source: Xome
Added: Oct 23, 2024 Changed: Aug 12 Last Checked: Aug 20 at 5:25AM

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 A New Dawn Realty, Inc

Investment Insights

Based on property information with market context.

This property features 3.29 acres with split zoning for Neighborhood Commercial and Residential use. It includes a one-story, 3400-square-foot concrete block building with unfinished space suitable for additional storage. The property also contains two mobile homes that can provide additional rental income. There is one well and three septic systems on the premises. Two 4,000-gallon gas tanks are present. A new roof was installed on the main building in 2023. Most of the equipment conveys with the property. The main building has been used in various capacities over the years, most recently as a gas station, grill, and nightclub, indicating its potential for diverse commercial applications.

Key Highlights

  • Sprawling 3.29 acres with split zoning, offering both Neighborhood Commercial and Residential possibilities.
  • 3400 SQ Ft concrete block building with new roof (2023) and unfinished storage space.
  • Two mobile homes providing additional rental income.

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Food Market

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

4
Businesses Nearby

Demographics for 27027, NC

4,006
Population
2,191
Households
1.8
Avg Household Size
51
Median Age
13%
College-Educated
79%
High-School Grad
21.2 sq mi
ZIP Area
189
Density / Sq Mi
$45,865
Median Household Income
$40,726
Median Earnings
$646
Median Rent
$116,500
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?
Retail property - 3.29 acres with commercial building and residential potential.
Where is this retail property located?
The property is located at 854 NC Highway 770 Mayodan, NC.
What is the asking price?
The asking price for this property is $219,500.
What are key features of this property?
This property features: Sprawling 3.29 acres with split zoning, offering both Neighborhood Commercial and Residential possibilities.; 3400 SQ Ft concrete block building with new roof (2023) and unfinished storage space.; Two mobile homes providing additional rental income.
More about this property
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