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    3308 Sandy Ridge Rd Colfax, NC 27235

    • Commercial real estate
    • 7.22 lot acres
    For Sale
    View listing
    $2,000,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-5416185
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3308 Sandy Ridge Rd

    Lot size
    7.22 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 7.22-acre commercial and industrial land parcel presents a unique investment opportunity in Colfax, North Carolina. Strategically located at 3308, 3312, and 3316 Sandy Ridge Road in Guilford County (zip code 27235), this property boasts a prime location approximately 600 yards from the I-40 and Sandy Ridge Road interchange, experiencing approximately 12,000 vehicles per day (VPD) in 2023. The property is zoned LI and R-3, making it suitable for a variety of uses, including industrial, flex, or highway commercial development. Currently on the site is an existing metal warehouse of approximately 7,000 square feet, occupied by two month-to-month tenants. Additional improvements include a rental house and a rental shed. City of Greensboro utilities are available. The asking price for this exceptional property is $2,000,000. This location offers excellent access to major transportation routes and presents significant potential for future development or continued rental income. Don't miss this chance to acquire a substantial land holding in a high-traffic area with diverse development possibilities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colfax
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.995744
    Latitude
    36.0989602

    Comparable in this City

    • Contact for pricing

      Prime Industrial Land Near I-40

      6 Acres, High Visibility, I-40 Access
      3000 Sandy Ridge Rd, Colfax, NC 27235
      View Details
    • Contact for pricing
      15,000 SF

      Prime Colfax Warehouse - 15,000 SF

      Vacant industrial warehouse, I-40 access
      3016 Sandy Ridge Rd, Colfax, NC 27235
      View Details
    • $450,000

      Colfax Land For Sale

      Two parcels totaling approximately 2.1 acres in Colfax, NC.
      102 Bunker Hill Rd, Colfax, NC 27235
      View Details
    • $279,900
      3.83 Acres

      Colfax Land with Log Cabin

      3.83 acres with cabin, garage, utilities, investment potential.
      1193 Pleasant Ridge Rd, Colfax, NC 27235
      View Details
    • $1,288,000

      Colfax Land Near Airport

      Prime land in Piedmont Triad International Airport Submarket.
      118 Kidd Rd, Colfax, NC 27235
      View Details
    • $1,200,000

      Land Parcel Behind School

      Land parcel located behind a school in Colfax, NC.
      9078 W Market St, Colfax, NC 27235
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Industrial Land Near I-40

      6 Acres, High Visibility, I-40 Access
      3000 Sandy Ridge Rd, Colfax, NC 27235
      View Details
    • Contact for pricing
      15,000 SF

      Prime Colfax Warehouse - 15,000 SF

      Vacant industrial warehouse, I-40 access
      3016 Sandy Ridge Rd, Colfax, NC 27235
      View Details
    • $450,000

      Colfax Land For Sale

      Two parcels totaling approximately 2.1 acres in Colfax, NC.
      102 Bunker Hill Rd, Colfax, NC 27235
      View Details
    • $279,900
      3.83 Acres

      Colfax Land with Log Cabin

      3.83 acres with cabin, garage, utilities, investment potential.
      1193 Pleasant Ridge Rd, Colfax, NC 27235
      View Details
    • $1,288,000

      Colfax Land Near Airport

      Prime land in Piedmont Triad International Airport Submarket.
      118 Kidd Rd, Colfax, NC 27235
      View Details
    • $1,200,000

      Land Parcel Behind School

      Land parcel located behind a school in Colfax, NC.
      9078 W Market St, Colfax, NC 27235
      View Details
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    3308 Sandy Ridge Rd
    Colfax, NC 27235
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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