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    2822 Nc-16 Millers Creek, NC 28651

    Sponsored
    For Sale
    $299,000

    1.3-Acre Commercial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.3-acre commercial land parcel presents a unique investment opportunity in the thriving Millers Creek, North Carolina market. Strategically located on NC-16, this property enjoys high visibility and convenient access, situated between a Dollar General and Mad Jax's Seafood center, ensuring significant foot traffic and brand exposure. The "Commerical" zoning permits a wide range of commercial uses, making it ideal for various businesses. This prime location is particularly well-suited for a restaurant or quick-service restaurant (QSR), capitalizing on the existing customer base and high traffic volume. The asking price for this exceptional property is $299,000. The property's address is 2822 NC-16, Millers Creek, NC 28651, within Wilkes County. This represents a rare chance to acquire a well-positioned commercial lot in a rapidly growing area, offering substantial potential for return on investment. The lot's size provides ample space for development, allowing for flexibility in design and construction. Don't miss this opportunity to establish your business in a highly visible and desirable location. Serious inquiries only.

    Property Features for 2822 Nc-16

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • $299,000 asking price.
    • 1.3‑acre commercial land parcel.
    • Located in Millers Creek, NC, at 2822 NC‑16, zip code 28651.
    • Commercially zoned.
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Millers Creek
    County
    Wilkes
    State
    North Carolina
    Longitude
    -81.239252971681
    Latitude
    36.186055831348

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    FAQs

    What type of property is this?
    Land - 1.3-Acre Commercial Lot, Prime Location
    Where is this land located?
    The property is located at 2822 Nc-16 Millers Creek, NC.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: $299,000 asking price.; 1.3-acre commercial land parcel.; Located in Millers Creek, NC, at 2822 NC-16, zip code 28651.
    Request Owner's contact information
    2822 Nc-16 Millers Creek, NC 28651
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    2822 Nc-16
    Millers Creek, NC 28651
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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
    2822 Nc-16 Millers Creek, NC 28651
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