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    Pinewood Rd Granite Falls, NC 28630

    Sponsored
    For Sale
    $2,250,000

    6.3 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 6.3-acre commercial land parcel in Granite Falls, North Carolina, presents a significant investment opportunity. Boasting 2,000 feet of road frontage on four sides, the property enjoys incredible visibility along US 321-S, a major thoroughfare with a traffic count exceeding 30,000 vehicles daily, according to NCDOT estimates. Its strategic location at a signalized intersection, adjacent to established businesses like McDonald's and O'Reilly Auto Parts, makes it ideal for a variety of commercial developments. The property is zoned Hwy Bus (Highway Business/General Commercial), allowing for diverse uses, including a gas station, business complex, or, potentially, multi-family housing with appropriate down-zoning. The land can be subdivided into one-acre parcels, each priced at $450,000, providing flexibility for investors. While deed restrictions are in place, preventing certain types of restaurants, detailed restrictions are available upon request. The property's APN is 2775890461. This prime location and zoning make this a compelling opportunity for commercial development in a high-traffic area. The asking price for the entire 6.3-acre parcel is $2,250,000.

    Property Features for 0 Pinewood Rd

    General Information

    Property type
    Land
    Lot Size
    274,428 SF

    HighLights

    • $2,250,000 asking price for 6.3 acres of commercial land.
    • Located in Granite Falls, NC, with a Hwy Bus zoning designation.
    • Features over 2,000 feet of road frontage on US 321‑S, a high‑traffic area (over 30,000 vehicles/day).
    • Potential for subdivision into 1‑acre parcels, each priced at $450,000.
    • Excellent location adjacent to McDonald's and O'Reilly Auto Parts, suitable for various commercial developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Granite Falls
    County
    Caldwell
    State
    North Carolina
    Longitude
    -81.434375961048
    Latitude
    35.812952232252

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    FAQs

    What type of property is this?
    Land - 6.3 Acres, High-Traffic Location
    Where is this land located?
    The property is located at Pinewood Rd Granite Falls, NC.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: $2,250,000 asking price for 6.3 acres of commercial land.; Located in Granite Falls, NC, with a Hwy Bus zoning designation.; Features over 2,000 feet of road frontage on US 321-S, a high-traffic area (over 30,000 vehicles/day).
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    Pinewood Rd Granite Falls, NC 28630
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    Granite Falls, NC 28630
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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
    Pinewood Rd Granite Falls, NC 28630
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