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    Hwy 601 Mocksville, NC 27028

    Sponsored
    For Sale
    $1,510,000

    Prime 22-acre tract, commercial zoning, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 22.39-acre parcel of land presents a remarkable development opportunity in Mocksville, North Carolina. Located on Highway 601, this property boasts a highly desirable commercial zoning designation within a thriving town neighborhood district. The site offers significant potential for a variety of commercial ventures, capitalizing on the robust traffic flow of approximately 21,000 vehicles per day on Highway 601. Convenient access to essential utilities, including water and sewer, is readily available, simplifying the development process. The property's location within the city limits ensures seamless integration into the existing infrastructure and community. This land is situated in a rapidly growing market, making it an attractive investment for developers seeking to capitalize on the area's expanding commercial and residential sectors. The asking price for this exceptional opportunity is $1,510,000. Don't miss this chance to acquire a prime piece of commercial real estate in a dynamic and promising location. The property is zoned for commercial use and offers a unique blend of accessibility and growth potential.

    Property Features for 0 Hwy 601

    General Information

    Property type
    Multifamily properties
    Lot Size
    975,308 SF

    HighLights

    • 21± Acres Available for Development
    • Commercially Zoned, Located in a Town Neighborhood District
    • City Utilities and Sewer Available
    • Strong Growth Potential in the Market
    • High Traffic Count: 21,000 Vehicles Per Day (VPD) on Hwy 601
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mocksville
    County
    Davie
    State
    North Carolina
    Longitude
    -80.5709654
    Latitude
    35.8942754

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    FAQs

    What type of property is this?
    Multifamily property - Prime 22-acre tract, commercial zoning, high traffic.
    Where is this multifamily property located?
    The property is located at Hwy 601 Mocksville, NC.
    What is the asking price?
    The asking price for this property is $1,510,000.
    What are key features of this property?
    This property features: 21± Acres Available for Development; Commercially Zoned, Located in a Town Neighborhood District; City Utilities and Sewer Available
    (336) 768-4410
    Request Owner's contact information
    Hwy 601 Mocksville, NC 27028
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    Mocksville, NC 27028
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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
    Hwy 601 Mocksville, NC 27028
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