Madison Rd Mocksville, NC 27028
- Land
- 25.16 lot acres
Current Use by Public Records
- Land
Property Details for 0 Madison Rd
- Lot size
- 25.16 lot acres
- Property type
- Land
Description
This exceptional 25.16-acre commercial land parcel presents a unique development opportunity in Mocksville, North Carolina. Strategically located just off Interstate 40 and US Highway 601 at exit 170, this property boasts unparalleled visibility and accessibility. The land is divided by Madison Road, with one portion adjacent to Lowe's Home Improvement and the other fronting I-40, ensuring high exposure to a substantial daily traffic volume of approximately 20,000 to 31,000 vehicles. The property's HC zoning permits a variety of uses, making it suitable for restaurants, hotels, or apartment complexes. Its prime location within a thriving retail corridor, surrounded by established businesses, healthcare facilities, and a concentration of industrial employers, further enhances its investment potential. The Davie County multi-family vacancy rate of 3.5% underscores the strong demand for residential development in the area. The seller is open to subdividing the parcel, offering flexibility for various development scenarios. The asking price for this exceptional property is $2,250,000. The APN is 5729931266. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing market.
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
- Mocksville
- County
- Davie
- State
- North Carolina
- Longitude
- -80.5902
- Latitude
- 35.9191
