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    151 Moore Rd King, NC 27021

    Sponsored
    For Sale
    Contact for pricing

    8-Acre Retail Development Opportunity

    Property size:
    1,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8-acre site in King, NC (151 Moore Rd, 27021), presents a prime opportunity for a large-format retail development. The property offers flexibility, accommodating a build-to-suit option or a ground lease arrangement. The site is strategically located adjacent to a 14-unit retail market center (currently under construction, with tenant occupancy anticipated in October/November 2023) featuring 12 upper-level office suites. Further enhancing the location's appeal are 64 planned rental townhomes (renting for $1500-$1800/month) and 122 single-family homesites (average build price $480,000+). The existing market center offers immediate synergy and increased foot traffic potential. The property also includes three available outparcels. The site is ready for immediate development, with all utilities already in place. Available space within the existing market center includes main-level retail spaces ranging from 1200 to 1560 square feet, main-level and upper-level restaurant spaces (3200+ sq ft and 1750-2000 sq ft respectively), and six upper-level office spaces (1600-7000 sq ft). All spaces are ready for tenant improvements. The total available space for the anchor site ranges from 1,250 to 70,000 square feet, suitable for a variety of grocery store or other large retail concepts. The property is currently 30% occupied. This is a unique opportunity to establish a significant retail presence in a rapidly growing community.

    Property Features for 151 Moore Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,250 SF

    HighLights

    • 8‑acre site available for large‑format retail development in King, NC (151 Moore Rd, 27021).
    • Developer will consider ground lease or build‑to‑suit options.
    • Adjacent to a 14‑unit retail center (opening Oct/Nov 2023) with 12 upper‑level office suites, plus 64 planned townhomes ($1500-$1800/month rent) and 122 single‑family homesites (avg. $480,000+ build price).
    • Three available outparcels.
    • Utilities are in place and ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    King
    County
    Stokes
    State
    North Carolina
    Longitude
    -80.341932387568
    Latitude
    36.277003231659

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    FAQs

    What type of property is this?
    Individual retail property - 8-Acre Retail Development Opportunity
    Where is this individual retail property located?
    The property is located at 151 Moore Rd King, NC.
    What are key features of this property?
    This property features: 8-acre site available for large-format retail development in King, NC (151 Moore Rd, 27021).; Developer will consider ground lease or build-to-suit options.; Adjacent to a 14-unit retail center (opening Oct/Nov 2023) with 12 upper-level office suites, plus 64 planned townhomes ($1500-$1800/month rent) and 122 single-family homesites (avg. $480,000+ build price).
    Request Owner's contact information
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    King, NC 27021
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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
    151 Moore Rd King, NC 27021
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