Covington Rd Troy, NC 27371
- Commercial real estate
- 0.91 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Covington Rd
- Year built
- 1900
- Lot size
- 0.91 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.91-acre commercial lot presents a unique opportunity for entrepreneurs and investors alike. Situated in the thriving town of Troy, North Carolina, this property boasts a highly desirable location just off Albemarle Road, ensuring excellent visibility and accessibility. The expansive lot provides ample space for a variety of commercial ventures, allowing for significant development potential. This is a blank canvas ready for your vision. Buyers are responsible for ensuring their development plans adhere to the Troy Development Ordinance (TDO). The property's strategic location offers significant advantages, placing businesses within easy reach of a substantial customer base. The convenience of readily available city water and sewer services simplifies the development process, eliminating the need for costly infrastructure investments. A tap fee will apply for connection to these essential utilities. This is an exceptional opportunity to establish a thriving business in a growing community. Don't miss this chance to secure a prime piece of commercial real estate in Troy, NC. The asking price of $70,000 reflects the significant value and potential of this property. Act quickly, as opportunities like this are rare.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Montgomery
- State
- North Carolina
- Longitude
- -79.9033
- Latitude
- 35.3535