2315 Us-29, China Grove, NC 28023
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.
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
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.