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    3737 Us-1 Vass, NC 28394

    Sponsored
    For Sale
    $1,300,000

    Prime location, high-potential investment.

    Property size:
    23,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property in Vass, North Carolina, presents a significant investment opportunity. Located on a highly visible corner lot at the intersection of US Hwy 1 BUS and James Street, across from Vass-Lakeview Elementary School, this property boasts a total of approximately 23,000 square feet across three buildings situated on 7.22 acres of land. The main building, approximately 15,000 square feet, was constructed in 1907 and features multi-cross ventilation fans, a hanging propane heater, and a loading dock. The property also includes a large pavilion. The property benefits from public water and sewer, 3-phase power, two 200-amp services, and sprinklers. It is currently vacant. Zoning is mixed-use, with Parcel ID 00041122 (2.39 acres) and Parcel ID 20060260 (4.83 acres) both designated as Mixed Use. A portion of the rear area near the CSX railroad, which runs behind the property, is zoned R-1 and R-2. Note that a portion of the building sustained fire damage in 2021. This property offers unparalleled access to major transportation routes and is conveniently located within 15 minutes of Southern Pines/Pinehurst, 25 minutes of Fort Bragg, 35 minutes of the future VinFast site, and 60 minutes of the future Toyota site. The asking price is $1,300,000.

    Property Features for 3737 Us-1

    General Information

    Property type
    Retail properties
    Square Feet
    23,000 SF
    Lot Size
    314,503 SF

    Building Details

    Year Built
    1890
    Buildings
    3
    Stories
    1

    HighLights

    • 23,000 SF total building area.
    • 15,000 SF primary building.
    • Multi‑cross ventilation system.
    • Propane heater.
    • Public water and sewer.
    • 3‑phase power with two 200‑amp services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Vass
    County
    Moore
    State
    North Carolina
    Longitude
    -79.28888253
    Latitude
    35.25013273

    Nearby Comparable

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      Prime Commercial Land on US-1

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    Nearby Similar for Sale

    • $300,000
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    FAQs

    What type of property is this?
    Retail property - Prime location, high-potential investment.
    Where is this retail property located?
    The property is located at 3737 Us-1 Vass, NC.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 23,000 SF total building area.; 15,000 SF primary building.; Multi-cross ventilation system.
    Request Owner's contact information
    3737 Us-1 Vass, NC 28394
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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
    3737 Us-1 Vass, NC 28394
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