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    167 State Hwy 49 Ramseur, NC 27316

    Sponsored
    For Sale
    $775,000

    1.76 Acres, High Traffic, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.76-acre commercial land parcel presents a prime development opportunity in the thriving town of Ramseur, North Carolina. Located at 167 State Hwy 49, this property boasts a highly desirable location with significant traffic volume, making it ideal for a variety of commercial ventures. The permitted zoning is B, offering flexibility for various uses, including but not limited to service stations and retail establishments. The property's APN is 8702-75-7488. This strategically positioned land offers significant potential for investors seeking high-return opportunities in a growing market. The asking price is $775,000. This 1.76-acre lot presents a compelling investment prospect, particularly given its potential for development and its location in a high-traffic area. Note that adjacent properties totaling 2.75 acres are also available for purchase, presenting an opportunity to acquire a larger contiguous parcel. This presents a unique chance to secure a substantial land holding in a prime commercial location within Randolph County, NC, zip code 27316. The property's coordinates are 35.7418848 latitude and -79.6471623 longitude.

    Property Features for 167 State Hwy 49

    General Information

    Property type
    Land
    Lot Size
    76,666 SF

    HighLights

    • $775,000 asking price.
    • 1.76‑acre commercial land parcel.
    • Located at 167 State Hwy 49, Ramseur, NC 27316 (APN 8702‑75‑7488).
    • B‑zoned for commercial development.
    • High‑traffic area, ideal for retail or service station use.
    • Potential for sale with adjacent 2.75‑acre parcels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ramseur
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.6471623
    Latitude
    35.7418848

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    FAQs

    What type of property is this?
    Land - 1.76 Acres, High Traffic, Development Ready
    Where is this land located?
    The property is located at 167 State Hwy 49 Ramseur, NC.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: $775,000 asking price.; 1.76-acre commercial land parcel.; Located at 167 State Hwy 49, Ramseur, NC 27316 (APN 8702-75-7488).
    Request Owner's contact information
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    Ramseur, NC 27316
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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
    167 State Hwy 49 Ramseur, NC 27316
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