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    1405 Wilkesboro Hwy Statesville, NC 28625

    For Sale
    Contact for pricing

    ±1 Acre Commercial Lot, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land offering in Statesville, North Carolina, presents a prime investment opportunity. Comprising two parcels totaling approximately one acre, this property boasts a highly desirable location on Wilkesboro Highway, providing exceptional visibility and accessibility. The site benefits from approximately 176 linear feet of frontage along Wilkesboro Highway and a depth of roughly 250 feet. The land features a gradual slope and is zoned B-3, allowing for a variety of commercial uses. This strategic location near Interstate 40 ensures high traffic exposure, with a daily traffic count exceeding 61,000 vehicles. The property's parcel identification numbers are 4735421898 and 4735421956. An adjacent parcel of approximately 10.82 acres is also available for purchase, presenting a unique opportunity for expansion or consolidation. This property is situated in Iredell County, North Carolina, and offers significant potential for developers and investors seeking a high-traffic location in a growing market. The property's topography offers a gradual slope. Further details are available upon request.

    Property Features for 1405 Wilkesboro Hwy

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Iredell County location.
    • ±1‑acre lot comprised of two parcels.
    • Parcel Identification Numbers (PINs): 4735421898 & 4735421956.
    • 176± feet of frontage on Wilkesboro Highway.
    • 250 feet deep.
    • Gentle slope.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.907843331027
    Latitude
    35.803930790675

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    FAQs

    What type of property is this?
    Land - ±1 Acre Commercial Lot, High Traffic
    Where is this land located?
    The property is located at 1405 Wilkesboro Hwy Statesville, NC.
    What are key features of this property?
    This property features: Iredell County location.; ±1-acre lot comprised of two parcels.; Parcel Identification Numbers (PINs): 4735421898 & 4735421956.
    (704) 409-2375
    Request Owner's contact information
    1405 Wilkesboro Hwy Statesville, NC 28625
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    Statesville, NC 28625
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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
    1405 Wilkesboro Hwy Statesville, NC 28625
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