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    1180 Knox Rd McLeansville, NC 27301

    Sponsored
    For Sale
    Contact for pricing

    ±31.52 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional ±31.52-acre commercial land parcel presents a unique investment opportunity in McLeansville, North Carolina. Ideally situated in Guilford County, this property boasts a prime location near major transportation arteries, including I-40, I-85, and I-840, ensuring excellent accessibility. Currently zoned AG by Guilford County, the future land use designation is Residential, categorized as Urban General. A conceptual plan envisions the development of approximately 58 single-family lots, highlighting the significant potential for residential construction. The property includes a pond which can be drained. Access to the property is facilitated by a deeded easement via a dirt road from Redland, providing access to the dam. The Guilford County Parcel Number is 84355. This expansive tract offers developers a rare chance to capitalize on the growing demand for residential properties in a strategically advantageous location. The property's size and zoning make it an attractive prospect for large-scale residential development. Further details regarding pricing are available upon request.

    Property Features for 1180 Knox Rd

    General Information

    Property type
    Land
    Lot Size
    1,373,011 SF

    HighLights

    • ±31.52‑acre residential development site available in Greensboro.
    • Designated for residential use within an urban general area.
    • Currently zoned Agricultural by Guilford County.
    • Conceptual plan outlines 58 single‑family lots.
    • On‑site pond is drainable.
    • Deed‑restricted easement via Redland Road provides access to the dam.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Hair Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Accounting Firm Hotel & Motel Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    McLeansville
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.689391
    Latitude
    36.0693709

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    FAQs

    What type of property is this?
    Land - ±31.52 Acres, Prime Development Opportunity
    Where is this land located?
    The property is located at 1180 Knox Rd McLeansville, NC.
    What are key features of this property?
    This property features: ±31.52-acre residential development site available in Greensboro.; Designated for residential use within an urban general area.; Currently zoned Agricultural by Guilford County.
    (919) 576-2501
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    McLeansville, NC 27301
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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
    1180 Knox Rd McLeansville, NC 27301
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