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    Investment properties

    King, NC 27021

    6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6-acre investment opportunity is located in King, North Carolina. Currently zoned for General Business use, this expansive parcel presents significant potential for a variety of commercial ventures. The property boasts readily available utilities, including water, sewer, and natural gas connections, simplifying development and reducing upfront infrastructure costs. Its generous size allows for flexibility in development plans, with the possibility of subdividing the land to create multiple lots for sale or lease. This strategic location offers excellent accessibility and visibility, making it an ideal site for businesses seeking a prominent presence in a growing community. The absence of existing structures provides a blank canvas for custom development, tailored to meet specific business needs. Investors will appreciate the potential for substantial returns, given the combination of desirable zoning, readily available utilities, and the flexibility offered by the sizable acreage. This property represents a rare chance to acquire a prime commercial parcel in a thriving area, ready for immediate development or strategic long-term investment. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity. The property is offered at $899,000.

    Property profile
    Verified
    Property type Investment properties
    Lot 6 ac (261,360 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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