I-85/40 Hwy Whitsett, NC 27377
This exceptional 13.44-acre commercial land parcel presents a unique investment opportunity in Whitsett, North Carolina. Strategically located at the intersection of I-85/I-40 and Highway 61, this property boasts unparalleled visibility and accessibility. Situated on the east end of Rock Creek Industrial Park, the land benefits from its proximity to a thriving area experiencing significant growth. The property is zoned for Highway Business use, offering a wide range of development possibilities. Water and sewer services are readily available, provided by Guilford County. Furthermore, the property offers convenient access to an 8-inch public natural gas line running across the I-85/I-40 frontage. The asking price is $2,419,200, translating to $180,000 per acre. This prime location is surrounded by four large housing developments, Rock Creek Industrial Park, and numerous shopping and dining establishments, ensuring high traffic volume and strong potential for future development. The property's APN numbers are 8834218411 and 8834202856. Ownership is held as a partnership. This is an exceptional opportunity to capitalize on the growth and visibility offered by this prime location in Guilford County, NC.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.