0 Madison Rd Mocksville, NC 27028
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.