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    Hwy 158 Afton, NC 27589

    Sponsored
    For Sale
    $200,000

    10 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 10-acre commercial land parcel presents a remarkable investment opportunity in Warrenton, North Carolina. Strategically located on Hwy 158 Business, between Warrenton and Norlina, this property enjoys high visibility and convenient access. Its proximity to the NC SECU, Warren County administrative offices, and downtown Warrenton makes it ideally suited for a variety of commercial developments. The parcel, a portion of PIN# 2947200561, is zoned LI, facilitating a range of potential uses. Utilities are readily available, with water and sewer (force main) located on Hwy 158 Business. This prime location benefits from the northward expansion of the Triangle region's growth along I-85, positively impacting Warren County's economic development. Warren County's proactive economic development initiatives are further underscored by recent expansions of Glen Raven Mills (Sunbrella Mfg) and the continued operation of International Paper on US 1. The asking price is $200,000, representing a compelling $20,000 per acre. This presents a tremendous opportunity for future development and significant return on investment. The property's address is Hwy 158, Warrenton, NC 27589.

    Property Features for 0 Hwy 158

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • $200,000 asking price for 10 acres of commercial land.
    • Located on Hwy 158 Business, between Warrenton and Norlina, NC.
    • Parcel ID: 2947200561.
    • LI zoning, ideal for commercial development.
    • Water and sewer available on Hwy 158 Business.
    • Close proximity to NC SECU, Warren County administrative offices, and downtown Warrenton.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Afton
    County
    Warren
    State
    North Carolina
    Longitude
    -78.1564432
    Latitude
    36.3208776

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    FAQs

    What type of property is this?
    Land - 10 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at Hwy 158 Afton, NC.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: $200,000 asking price for 10 acres of commercial land.; Located on Hwy 158 Business, between Warrenton and Norlina, NC.; Parcel ID: 2947200561.
    (919) 576-2504
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    Afton, NC 27589
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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
    Hwy 158 Afton, NC 27589
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