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Property profile & analytics
OFF-MARKET
Land

0 Us-17 South Mills, NC 27976

26.17 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 26.17-acre commercial land parcel presents a significant investment opportunity in South Mills, North Carolina. Strategically located on Highway 17, this property boasts approximately 1750 feet of frontage along Highway 17 and Traders Lane, and approximately 525 feet of road frontage on Landing Way and Culpepper Lane. The property is zoned Highway Commercial, allowing for a wide range of development possibilities. A key feature is the high daily traffic count of 14,000 vehicles, coupled with over 600 homes within a three-mile radius, ensuring strong potential for commercial success. The property is divisible, offering flexibility for various development scenarios. Note that a portion of the land, approximately 2 acres at the corner of Highway 17 and Culpepper Lane, is under contract for the construction of a Dollar General. The remaining acreage is priced at $125,000 per acre, with a premium of $200,000 per acre for parcels situated at the intersection of Highway 17 and Landing Way. The property's APN is 017080000732930000, and it is owned by Camden Square Associates of NC LLC. This prime location and zoning make this a highly attractive investment for developers and businesses seeking high visibility and accessibility.

Property profile
Verified
Property type Land
Lot 26.17 ac (1,139,965 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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