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Property profile & analytics
OFF-MARKET
Commercial real estate

Hwy Asheboro, NC 27203

2.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.43-acre commercial parcel in Asheboro, NC, presents a unique investment opportunity. Situated on US Highway 64 East, this property boasts unparalleled visibility and accessibility, with a daily traffic count exceeding 17,000 vehicles. Its strategic location less than 600 feet from the newly constructed Randolph County Agriculture Center and the planned site of a major hotel chain ensures significant future growth and development in the immediate vicinity. This high-growth area offers substantial potential for a variety of commercial uses, including retail, office space, or other ventures seeking high visibility and convenient access. The property's size and location make it an ideal platform for immediate development or a sound long-term investment. The substantial traffic volume guarantees high exposure for any business established here. This is a rare opportunity to secure a prime commercial site in a rapidly expanding area, offering significant return on investment. Don't miss this chance to capitalize on this exceptional location and its considerable potential for future growth. The property is priced at $1,200,000.

Property profile
Verified
Property type Commercial real estate
Lot 2.43 ac (105,851 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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