1752 Old Morganton Rd Southern Pines, NC 28387
This exceptional ±0.48-acre outparcel, located at 1752 Old Morganton Road in Southern Pines, North Carolina, presents a unique investment opportunity. Currently zoned for commercial use, this property is ideally suited for a variety of retail developments. The site offers excellent visibility and accessibility from Old Morganton Road, a major thoroughfare in the area. The property is being offered as a ground lease or a build-to-suit opportunity, providing flexibility for potential tenants or developers. This allows for customization to meet specific business needs and ensures a tailored approach to development. The site's location within the thriving Southern Pines market offers strong potential for attracting a diverse range of businesses and customers. The property's size makes it suitable for a single retail tenant or a smaller multi-tenant development. With its prime location and flexible development options, this outparcel represents a compelling investment opportunity in a dynamic and growing market. The property is designated as a commercial outparcel and is currently available for lease or build-to-suit. The zip code is 28387. The property type is retail land, and the tenancy is multiple. One space is currently available. The latitude and longitude coordinates are 35.1739336 and -79.419417 respectively.
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.
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.