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    7187 Jordan Rd Ramseur, NC 27316

    Sponsored
    For Sale
    $5,073,750

    22.55 Acres, US 64 & Hwy 49 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Exceptional investment opportunity awaits with this 22.55-acre commercial land parcel in Ramseur, North Carolina. Strategically located with significant road frontage on US Highway 64 (Jordan Road) – approximately 982 feet – and North Carolina Highway 49 – approximately 400 feet – this property offers unparalleled access and visibility. The land is partially cleared and partially wooded, presenting a versatile canvas for development. The property includes existing structures, a house and other buildings, which are considered to have no value and are being sold as-is. This location is designated as an Opportunity Zone, presenting potential tax advantages for qualified investors. The property's APN is 8702961485 : 8702858497. The asking price is $5,073,750. This prime location in Randolph County, NC (zip code 27316) offers significant potential for a variety of commercial ventures. Don't miss this chance to acquire a substantial tract of land with excellent road frontage and prime location in a designated Opportunity Zone.

    Property Features for 7187 Jordan Rd

    General Information

    Property type
    Land
    Lot Size
    982,278 SF

    HighLights

    • 22.55‑acre commercial land parcel in Ramseur, NC.
    • Significant road frontage: ~982 ft on US Hwy 64 & ~400 ft on NC Hwy 49.
    • Partially cleared/wooded land, versatile for development.
    • Existing structures (house & other buildings) sold as‑is, no value assigned.
    • Located in an Opportunity Zone, offering potential tax advantages.
    • Asking price: $5,073,750.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ramseur
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.6422938
    Latitude
    35.7423491

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    FAQs

    What type of property is this?
    Land - 22.55 Acres, US 64 & Hwy 49 Frontage
    Where is this land located?
    The property is located at 7187 Jordan Rd Ramseur, NC.
    What is the asking price?
    The asking price for this property is $5,073,750.
    What are key features of this property?
    This property features: 22.55-acre commercial land parcel in Ramseur, NC.; Significant road frontage: ~982 ft on US Hwy 64 & ~400 ft on NC Hwy 49.; Partially cleared/wooded land, versatile for development.
    Request Owner's contact information
    7187 Jordan Rd Ramseur, NC 27316
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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
    7187 Jordan Rd Ramseur, NC 27316
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