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    5945 Julian Airport Rd Liberty, NC 27298

    For Sale
    Contact for pricing

    Opportunity Zone Redevelopment; 0.46 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.46-acre property in Liberty, North Carolina, presents a unique redevelopment opportunity. Located at 5945 Julian Airport Road in Randolph County (zip code 27298), this land and mobile home park is situated directly across from the Toyota Mega Site, benefiting from its proximity to this major industrial development. Currently zoned R/M (Residential/Mobile Home), the property's strategic location within an Opportunity Zone offers significant tax advantages for investors. The seller has assembled an additional 15 acres of adjoining land, presenting the potential for industrial rezoning with approval from Liberty's planning and zoning department. Access to Greensboro water and sewer services is also possible with approval for a new use. This presents a compelling investment prospect for developers seeking to capitalize on the growth spurred by the Toyota Mega Site and the benefits of an Opportunity Zone designation. The property's existing mobile home park provides immediate income potential while redevelopment plans are underway. This is a rare chance to acquire a substantial parcel of land with significant upside in a rapidly developing area. The property's brownfield status is noted.

    Property Features for 5945 Julian Airport Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    20,038 SF

    HighLights

    • 0.46‑acre land and mobile home park in Liberty, NC, zoned R/M, for sale by owner.
    • Located across from the Toyota Mega Site in an Opportunity Zone.
    • Adjacent to 15 acres potentially rezonable for industrial use with approvals.
    • Greensboro water and sewer availability contingent on new use approval.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Auto Repair Shop Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Liberty
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.6500499
    Latitude
    35.899023

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    FAQs

    What type of property is this?
    Multifamily property - Opportunity Zone Redevelopment; 0.46 Acres
    Where is this multifamily property located?
    The property is located at 5945 Julian Airport Rd Liberty, NC.
    What are key features of this property?
    This property features: 0.46-acre land and mobile home park in Liberty, NC, zoned R/M, for sale by owner.; Located across from the Toyota Mega Site in an Opportunity Zone.; Adjacent to 15 acres potentially rezonable for industrial use with approvals.
    Request Owner's contact information
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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
    5945 Julian Airport Rd Liberty, NC 27298
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