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    Pine St Mount Airy, NC 27030

    Sponsored
    For Sale
    $695,000

    Prime 1.35-acre industrial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1.35-acre industrial lot, located at 455 Franklin Street in Mount Airy, North Carolina (zip code 27030), presents a unique investment opportunity. Situated on a high-profile corner with two stoplights, this M1-zoned property enjoys excellent visibility and accessibility. The lot is strategically positioned near a variety of amenities, including convenience stores, retail establishments, restaurants, and professional offices, ensuring a thriving commercial environment. Furthermore, its proximity to US Highway 52 enhances its logistical advantages. This property is perfectly suited for new construction, offering significant potential for developers. The seller is open to exploring a land lease or a build-to-suit arrangement to accommodate specific project requirements. Nearby development plans include a new lodging establishment and a market center, further enhancing the long-term value and potential of this exceptional property. This is a rare opportunity to acquire a prime industrial lot in a rapidly developing area of Mount Airy. Don't miss out on this chance to secure a strategic location for your next venture.

    Property Features for 0 Pine St

    General Information

    Property type
    Land
    Lot Size
    58,806 SF

    HighLights

    • $695,000 asking price.
    • 1.35‑acre industrial land parcel.
    • M1 zoning.
    • Located in Mount Airy, NC, at a busy intersection on W Pine St.
    • High‑profile corner lot with stoplights, near retail, restaurants, and offices.
    • Owner will consider land lease or build‑to‑suit options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mount Airy
    County
    Surry
    State
    North Carolina
    Longitude
    -80.6138718
    Latitude
    36.4983539

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    FAQs

    What type of property is this?
    Land - Prime 1.35-acre industrial lot, ideal for development.
    Where is this land located?
    The property is located at Pine St Mount Airy, NC.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: $695,000 asking price.; 1.35-acre industrial land parcel.; M1 zoning.
    Request Owner's contact information
    Pine St Mount Airy, NC 27030
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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
    Pine St Mount Airy, NC 27030
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