Property profile

2315 Us-29 China Grove, NC 28023

OFF-MARKET
Land
16.99 ac lot
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Property summary

AI-generated overview

This exceptional 16.99-acre industrial land parcel presents a compelling investment opportunity in the thriving China Grove, North Carolina market. Strategically located at 2315 US-29, this property boasts significant highway frontage along a four-lane road with a traffic light at the southeast corner intersection of Daughtery Road, ensuring high visibility and accessibility. The site comprises three parcels (APN 133256, 133257, and 133129), totaling approximately 16.99 acres. Individual parcel sizes are: 4.2 acres (APN 133256), 6.63 acres (APN 133257), and 6.07 acres (APN 133129). All three parcels are zoned for industrial use, providing flexibility for a wide range of development projects. The property benefits from the availability of water and sewer services along Highway 29, simplifying infrastructure needs. Its proximity to Interstate 85 (within 2 miles) further enhances its logistical advantages, providing easy access to regional and national transportation networks. This location is considered to be in a high-growth area, presenting significant long-term potential for appreciation. The asking price for this exceptional industrial land is $2,608,000. This is a rare opportunity to acquire a substantial, well-located industrial site in a rapidly developing area of Rowan County.

Property profile

Verified
Property type Land
Lot 16.99 ac (740,084 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2315 Us-29 China Grove, NC 28023
China Grove metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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