Property profile

1147 Shelton Rd Roxboro, NC 27573

OFF-MARKET
Land
2.29 ac lot
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Property summary

AI-generated overview

This exceptional 2.29-acre commercial land parcel in Roxboro, North Carolina, presents a turnkey opportunity to develop a self-storage facility. Located at 1147 Shelton Rd, Person County (zip code 27573), this property boasts completed planning and permits, eliminating significant pre-construction hurdles. Detailed construction drawings are prepared for submission to the relevant Roxboro and Person County authorities (Roxboro Fire Department, City Public Services Department, City Planning Department, and Person County Building Inspections). All necessary stormwater bonds and documentation are finalized, and the driveway permit is already secured, allowing for immediate commencement of site work. The lot dimensions are 115.5 feet x 705.5 feet x 275.71 feet x 1226.83 feet, zoned L-i, and offer significant potential for a substantial self-storage development. Preliminary plans indicate a total leasable area of approximately 15,250 square feet, encompassing five distinct building sections with varying dimensions (1,800 sqft, 3,000 sqft, 2,400 sqft, 5,250 sqft, and 2,800 sqft). The property's strategic location offers proximity to major roadways and is conveniently situated near Roxboro Lake (5 miles), Mayo Lake (10 miles), Hyco Lake (12 miles), and Kerr Lake (32 miles), as well as significant residential developments including Satterfield Farm (400 homes) and Somerset Place Apartments (84 units). The asking price is $185,000. This represents a compelling investment opportunity in a rapidly growing area, particularly given the recent Microsoft acquisition of the nearby Person County Mega Park. Financial projections are available upon request. Deed 1057-1, Plat 17-682.

Property profile

Verified
Property type Land
Lot 2.29 ac (99,752 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1147 Shelton Rd Roxboro, NC 27573
Roxboro metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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