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    120 Union Church Rd Carthage, NC 28327

    Sponsored
    For Sale
    $1,495,000

    Prime Commercial Land: Building Included

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15.25-acre commercial property in Carthage, North Carolina, presents a unique investment opportunity. Located at 120 Union Church Rd, Moore County, zip code 28327, this land boasts a convenient location between Charlotte and Raleigh, just 15 minutes from Southern Pines and Pinehurst, and approximately 30 minutes from Fort Liberty/Fayetteville. The property includes an existing building, sold "as-is," currently utilized for storage and maintenance. The zoning is currently designated TBD-CZ. This presents significant potential for development, with the land priced at under $100,000 per acre. The asking price for this expansive parcel is $1,495,000. The property consists of two parcels totaling approximately 15.25 acres. Its strategic location and substantial size make it an attractive prospect for various commercial ventures. Detailed information regarding permitted uses under the TBD-CZ zoning designation is available upon request. This is a rare opportunity to acquire a large commercial tract in a rapidly growing area of North Carolina. Serious inquiries are encouraged.

    Property Features for 120 Union Church Rd

    General Information

    Property type
    Land
    Lot Size
    664,290 SF

    HighLights

    • $1,495,000 asking price.
    • 15.25‑acre commercial land parcel in Carthage, NC.
    • TBD‑CZ zoning.
    • Located off US 15/501, between Charlotte and Raleigh, near Southern Pines and Pinehurst.
    • Includes existing building sold "as‑is," currently used for storage.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Moore
    State
    North Carolina
    Longitude
    -79.394042878795
    Latitude
    35.34324953988

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land: Building Included
    Where is this land located?
    The property is located at 120 Union Church Rd Carthage, NC.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: $1,495,000 asking price.; 15.25-acre commercial land parcel in Carthage, NC.; TBD-CZ zoning.
    Request Owner's contact information
    120 Union Church Rd Carthage, NC 28327
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    Carthage, NC 28327
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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
    120 Union Church Rd Carthage, NC 28327
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