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    801 Westwood Way Laurinburg, NC 28352

    Sponsored
    For Sale
    $467,000

    7.35 Acres, High-Traffic Retail Sites

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents four prime outparcel sites totaling 7.35 acres in Laurinburg, North Carolina. Strategically located off Highway 74, this property boasts excellent visibility and frontage on Highway 15-401, directly adjacent to a Walgreens. The site is part of a growing retail node with recent new development, ensuring strong potential for future growth. Its convenient location near Scotland High School, residential areas, and local employers guarantees a consistent flow of potential customers. Laurinburg's thriving QSR and highway retail/restaurant market, coupled with significant regional highway traffic between Charlotte and Wilmington, makes this an ideal location for a variety of businesses. The property's zoning allows for Bank, QSR/Fast Food, and Storefront uses. The asking price is $467,000 for the entire 7.35-acre parcel, presenting a compelling return on investment in a high-demand location. The property's APN is 010021 0101402, and the address is 801 Westwood Way, Laurinburg, NC 28352. This is a rare opportunity to acquire a well-positioned retail property in a rapidly developing area. Don't miss out on this chance to secure a piece of Laurinburg's thriving commercial landscape.

    Property Features for 801 Westwood Way

    General Information

    Property type
    Individual retail properties
    Lot Size
    320,166 SF

    HighLights

    • 7.35‑acre outparcel site in Laurinburg, NC.
    • Excellent visibility and frontage on Highway 15‑401, adjacent to Walgreens.
    • Located in a growing retail node with strong potential for future growth.
    • Zoned for Bank, QSR/Fast Food, and Storefront uses.
    • Asking price: $467,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurinburg
    County
    Scotland
    State
    North Carolina
    Longitude
    -79.481943850756
    Latitude
    34.76493748794

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    FAQs

    What type of property is this?
    Individual retail property - 7.35 Acres, High-Traffic Retail Sites
    Where is this individual retail property located?
    The property is located at 801 Westwood Way Laurinburg, NC.
    What is the asking price?
    The asking price for this property is $467,000.
    What are key features of this property?
    This property features: 7.35-acre outparcel site in Laurinburg, NC.; Excellent visibility and frontage on Highway 15-401, adjacent to Walgreens.; Located in a growing retail node with strong potential for future growth.
    Request Owner's contact information
    801 Westwood Way Laurinburg, NC 28352
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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
    801 Westwood Way Laurinburg, NC 28352
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