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    4963 Us-220 Summerfield, NC 27358

    Sponsored
    For Sale
    $895,000

    High-Visibility Summerfield Land, 1.36 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.36-acre commercial land parcel presents a prime investment opportunity in the thriving Summerfield, North Carolina market. Strategically located on the corner of Oak Ridge Road and US Highway 220, this property boasts exceptional visibility and accessibility, ensuring high traffic exposure for any commercial venture. Currently zoned for commercial use, this site is ideally suited for a variety of businesses seeking a high-traffic location. The property's location within Guilford County benefits from a robust and growing economy, characterized by strong income demographics and a high growth trajectory. Further enhancing its appeal, Guilford County plans to extend sewer and water access to the area within the next few years, significantly increasing the property's development potential. With a current daily traffic volume of 16,000 vehicles, this site is perfectly positioned to attract major retailers and other businesses seeking a prominent presence in a rapidly expanding market. The property's APN is 7839-35-0920. This is a rare opportunity to acquire a highly desirable commercial land parcel in a prime location with significant future growth potential. The asking price for this exceptional property is $895,000.

    Property Features for 4963 Us-220

    General Information

    Property type
    Land
    Lot Size
    59,242 SF

    HighLights

    • 1.36‑acre commercial land parcel in Summerfield, NC.
    • High‑visibility corner lot at Oak Ridge Road and US Highway 220, with 16,000 daily vehicles.
    • Currently commercially zoned, ideal for various businesses.
    • Located in Guilford County, offering strong demographics and economic growth.
    • Future sewer and water access planned by Guilford County.
    • APN: 7839‑35‑0920.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Summerfield
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.904916
    Latitude
    36.2083476

    FAQs

    What type of property is this?
    Land - High-Visibility Summerfield Land, 1.36 Acres
    Where is this land located?
    The property is located at 4963 Us-220 Summerfield, NC.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: 1.36-acre commercial land parcel in Summerfield, NC.; High-visibility corner lot at Oak Ridge Road and US Highway 220, with 16,000 daily vehicles.; Currently commercially zoned, ideal for various businesses.
    (336) 724-1715
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    4963 Us-220 Summerfield, NC 27358
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    4963 Us-220
    Summerfield, NC 27358
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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
    4963 Us-220 Summerfield, NC 27358
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