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    253 Urban St Thomasville, NC 27360

    Sponsored
    For Sale
    $135,900

    5.29 Acres, Zoned HC & RA3

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5.29-acre commercial land parcel presents a remarkable investment opportunity in Thomasville, North Carolina. Located at 253 N Urban St, this property boasts a desirable location and versatile zoning. The front portion of the land is zoned both HC and RA3, offering flexibility for a variety of commercial uses, while the rear portion is zoned RA3. This zoning allows for diverse development possibilities, catering to a wide range of commercial ventures. The property's size provides ample space for substantial projects, allowing for significant expansion and development potential. Access to public water is available, providing essential utility infrastructure. While public sewer is not currently accessible, this aspect presents an opportunity for creative development solutions or potential future infrastructure improvements. The property's address is 253 N Urban St, Thomasville, NC 27360, situated within Davidson County. Its precise coordinates are latitude 35.8926147 and longitude -80.1104454. This is a rare opportunity to acquire a sizable commercial land parcel in a strategic location, ripe for development and poised for significant return on investment. The asking price for this exceptional property is $135,900.

    Property Features for 253 Urban St

    General Information

    Property type
    Land
    Lot Size
    230,432 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Thomasville
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.1104454
    Latitude
    35.8926147

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    FAQs

    What type of property is this?
    Land - 5.29 Acres, Zoned HC & RA3
    Where is this land located?
    The property is located at 253 Urban St Thomasville, NC.
    What is the asking price?
    The asking price for this property is $135,900.
    Request Owner's contact information
    253 Urban St Thomasville, NC 27360
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    Thomasville, NC 27360
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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
    253 Urban St Thomasville, NC 27360
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