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    7475 Nc-22 Outparcel A Carthage, NC 28327

    Sponsored
    For Sale
    $400,000

    1.26-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1.26-acre commercial land parcel presents a unique investment opportunity in Carthage, North Carolina. Located at 7475 NC-22, Outparcel A, this property is situated in a high-traffic area with 8,000 vehicles passing daily. The lot is part of a Food Lion-anchored center, positioned between a newly opened O'Reilly's Auto Parts and a Dollar Tree, ensuring high visibility and accessibility. The asking price is $400,000, translating to $317,460 per acre. The property is zoned NS-Whispering Pines and has not yet been subdivided, offering flexibility for development. This location boasts a strong demographic profile, with an average household income exceeding $130,125 within a three-mile radius. This is the last available outparcel in this thriving retail center, making it a highly desirable investment opportunity. The property's strategic location near the Moore County Airport further enhances its appeal. This is a rare chance to acquire a well-positioned commercial lot in a rapidly growing area with significant potential for future development and strong returns. The property's size and location make it ideal for a variety of commercial uses.

    Property Features for 7475 Nc-22 Outparcel A

    General Information

    Property type
    Land
    Lot Size
    54,886 SF

    HighLights

    • 1.26‑acre outparcel available for $400,000.
    • Last remaining outparcel in a Food Lion‑anchored center.
    • High‑income demographic; average household income over $130,125 within a 3‑mile radius.
    • High traffic count of 8,000 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carthage
    County
    Moore
    State
    North Carolina
    Longitude
    -79.4066364
    Latitude
    35.24670387

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    FAQs

    What type of property is this?
    Land - 1.26-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 7475 Nc-22 Outparcel A Carthage, NC.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 1.26-acre outparcel available for $400,000.; Last remaining outparcel in a Food Lion-anchored center.; High-income demographic; average household income over $130,125 within a 3-mile radius.
    Request Owner's contact information
    7475 Nc-22 Outparcel A Carthage, NC 28327
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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
    7475 Nc-22 Outparcel A Carthage, NC 28327
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