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    OFF-MARKET
    Commercial real estate

    925 Julia May Baker Rd, Wingate, NC 28174

    26.94 ac lot Built 1968
    Property ID
    Property summary
    AI-generated overview

    This exceptional 26.94-acre commercial development opportunity presents a unique investment prospect in Wingate, North Carolina. Strategically located on Julia May Baker Road, this property enjoys a highly visible position at the Austin Chaney exit of the Monroe Bypass, offering convenient access and significant exposure to a substantial volume of traffic. Its proximity to Wingate University adds considerable appeal, providing potential for synergy with the university's community and student population. The land is comprised of two parcels, providing flexibility in development plans. This expansive site is ideal for a variety of commercial ventures, from retail and hospitality to light industrial and office spaces. The property's size and location make it an attractive option for developers seeking a substantial land holding in a growing area. Furthermore, an additional 5-acre parcel located at 1009 Austin Chaney Road is available for purchase, presenting an opportunity to expand the development footprint to a total of approximately 32 acres. This combined acreage offers unparalleled potential for large-scale development projects. The asking price for this exceptional property is $4,041,750. Serious inquiries are encouraged to explore the possibilities of this remarkable development opportunity. Detailed site plans and surveys are available upon request. Don't miss this chance to acquire a significant commercial land holding in a vibrant and expanding community.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1968
    Lot 26.94 ac (1,173,506 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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