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    Troy Smith Rd Liberty, NC 27298

    Sponsored
    For Sale
    $2,894,200

    58 Acres, Industrial/Residential Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 58-acre property, located at 000 Troy Smith Rd, Liberty, NC 27298, presents a unique investment opportunity. Situated in Randolph County, near the new Toyota Mega Site Battery Plant, this land offers both residential and industrial development potential. Currently zoned Residential/Agriculture, the property benefits from its location within a Liberty Opportunity Zone, opening possibilities for rezoning to industrial use. The asking price is $2,894,200, translating to $49,900 per acre. The land boasts a tranquil setting, despite its proximity to the Mega Site, thanks to large trees providing a natural buffer. The existing infrastructure includes well and septic systems, making it ideal for residential development with one-acre lots. Furthermore, the property is within a one-mile radius of Greensboro's and Toyota's new water and sewer pipelines, offering potential access to municipal utilities for industrial projects. This versatile land parcel offers significant upside for developers seeking a strategic location with diverse development options. The property's history as farmland adds to its unique character.

    Property Features for 0 Troy Smith Rd

    General Information

    Property type
    Land
    Lot Size
    2,526,480 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Liberty
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.6112839
    Latitude
    35.8831131

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    FAQs

    What type of property is this?
    Land - 58 Acres, Industrial/Residential Potential
    Where is this land located?
    The property is located at Troy Smith Rd Liberty, NC.
    What is the asking price?
    The asking price for this property is $2,894,200.
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    Troy Smith 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
    Troy Smith Rd Liberty, NC 27298
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