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    7025 Old 421 Rd Liberty, NC 27298

    For Sale
    $1,300,000

    Prime NC farmland near megasite. Excellent access & rail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 40.99-acre agricultural property in Randolph County, North Carolina, presents a unique investment opportunity. Strategically located just two miles from the Greensboro Randolph Mega Site, this versatile tract boasts significant advantages. The property features 400 feet of road frontage on Old 421 Road and an impressive 1,200 feet along Cook Collier Road, ensuring high visibility and convenient access. Further enhancing its logistical appeal is 400 feet of rail line access. An existing old house, currently occupied by a month-to-month tenant who will vacate before closing, offers potential for redevelopment or repurposing. The property is zoned Residential Agricultural (RA), facilitating a smooth transition for various commercial ventures. A well provides convenient water access, and a septic permit for a three-bedroom dwelling is on file. The asking price is $1,300,000. This property, situated at 7025 Old 421 Rd, Liberty, NC 27298, offers a compelling blend of size, accessibility, and strategic location, making it ideal for a wide range of commercial uses. The central pond adds to the property's appeal. This is a rare opportunity to acquire a substantial tract of land with significant infrastructure advantages in a rapidly developing area.

    Property Features for 7025 Old 421 Rd

    General Information

    Property type
    Farms
    Lot Size
    1,785,524 SF

    HighLights

    • 40.99‑acre tract in Randolph County, NC, near the Greensboro Randolph Mega Site.
    • High visibility with 400 ft. of frontage on Old 421 Rd. and 1,200 ft. on Cook Collier Rd.
    • 400 ft. of rail line access.
    • Existing house (month‑to‑month tenant vacating before closing).
    • Residential Agricultural (RA) zoning.
    • On‑site well and septic permit for a three‑bedroom dwelling.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Liberty
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.593067
    Latitude
    35.8947503

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    FAQs

    What type of property is this?
    Farm - Prime NC farmland near megasite. Excellent access & rail.
    Where is this farm located?
    The property is located at 7025 Old 421 Rd Liberty, NC.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 40.99-acre tract in Randolph County, NC, near the Greensboro Randolph Mega Site.; High visibility with 400 ft. of frontage on Old 421 Rd. and 1,200 ft. on Cook Collier Rd.; 400 ft. of rail line access.
    Request Owner's contact information
    7025 Old 421 Rd Liberty, NC 27298
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    Liberty, NC 27298
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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
    7025 Old 421 Rd Liberty, NC 27298
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