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    1651 Fairgrove Church Rd Conover, NC 28613

    For Sale
    $699,000

    11 Acres, I-40 Visibility, B-4 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 11.06-acre commercial land parcel presents a unique investment opportunity in Conover, North Carolina. Strategically located off Fairgrove Church Road, the property boasts significant visibility from Interstate 40, a major transportation artery. Its B-4 zoning allows for a wide range of commercial development possibilities. The site is conveniently situated adjacent to an established industrial park, providing immediate access to a thriving business community. Access to the property is facilitated via a right-of-way easement adjacent to a hotel. Prospective buyers should note that water access will require an easement with the City of Hickory as the provider, and sewer services are not currently available on the property. This presents a chance to develop a project tailored to specific needs, capitalizing on the prime location and high visibility. The asking price for this substantial land holding is $699,000. Detailed site plans and zoning information are available upon request. This is an excellent opportunity for developers seeking a prominent location with high traffic counts and proximity to established businesses. The property's size and zoning make it suitable for a variety of commercial ventures. Serious inquiries are encouraged.

    Property Features for 1651 Fairgrove Church Rd

    General Information

    Property type
    Land
    Lot Size
    481,774 SF

    HighLights

    • 11.06‑acre commercial land parcel in Conover, NC, priced at $699,000.
    • High visibility from I‑40 via Fairgrove Church Road.
    • B‑4 zoning allows diverse commercial development.
    • Adjacent to an established industrial park.
    • Water access requires easement with City of Hickory; sewer unavailable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Conover
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.2588339
    Latitude
    35.701492

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    FAQs

    What type of property is this?
    Land - 11 Acres, I-40 Visibility, B-4 Zoning
    Where is this land located?
    The property is located at 1651 Fairgrove Church Rd Conover, NC.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 11.06-acre commercial land parcel in Conover, NC, priced at $699,000.; High visibility from I-40 via Fairgrove Church Road.; B-4 zoning allows diverse commercial development.
    (828) 322-8022
    Request Owner's contact information
    1651 Fairgrove Church Rd Conover, NC 28613
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    Conover, NC 28613
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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
    1651 Fairgrove Church Rd Conover, NC 28613
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