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    Us-64 Siler City, NC 27344

    Sponsored
    For Sale
    $4,500,000

    9.67 Acres, US-64 Frontage, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.67-acre commercial land parcel presents a remarkable investment opportunity in Siler City, North Carolina. Strategically located on US Highway 64, the property boasts unparalleled visibility and accessibility, ensuring high traffic exposure. Zoned H-C and SCETJ, the land offers a multitude of development possibilities. Its prime location near a hospital, Walmart, and a community college campus makes it particularly attractive for businesses seeking a high-traffic, convenient location. The property's size and highway frontage provide ample space for a variety of commercial ventures, including, but not limited to, a hotel, retail center, or other high-demand businesses. The area's growth trajectory and the property's strategic positioning combine to create a compelling investment case. This is a rare chance to acquire a significant commercial land holding in a thriving location with exceptional visibility and access. The asking price is $4,500,000. The property is situated in Chatham County, North Carolina, with a zip code of 27344 and coordinates 35.7328736 latitude and -79.4452902 longitude. This is a turnkey opportunity for a developer seeking to capitalize on the area's growth potential.

    Property Features for 0 Us-64

    General Information

    Property type
    Land
    Lot Size
    421,225 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Siler City
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.4452902
    Latitude
    35.7328736

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 9.67 Acres, US-64 Frontage, High Traffic
    Where is this land located?
    The property is located at Us-64 Siler City, NC.
    What is the asking price?
    The asking price for this property is $4,500,000.
    (919) 542-0523
    Request Owner's contact information
    Us-64 Siler City, NC 27344
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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
    Us-64 Siler City, NC 27344
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