328 Cottonwood Cmns Dr Denver, NC 28037
This exceptional 1.3-acre commercial land parcel presents a prime development opportunity in Denver, North Carolina. Located at 328 Cottonwood Commons Drive, this property boasts a highly visible location along heavily trafficked Highway 73, offering excellent exposure to a large customer base. The parcel is zoned BG and features convenient access with a current left-turn in and right-in/right-out configuration. While a future North Carolina Department of Transportation (NCDOT) realignment of Highway 73 will modify access to right-in/right-out only, the property's strategic location remains highly advantageous. The surrounding area is anchored by a robust mix of national retailers, including Lowe's, Walmart, Aldi, Starbucks, Chick-fil-A, Food Lion, Meineke, Jersey Mike's, Famous Toastery, Panera Bread, Walgreens, Bojangles, Burger King, Murphy Oil, and QuikTrip, ensuring high visibility and significant foot traffic. This makes it ideal for quick-service restaurants (QSRs), car washes, banks, or other traditional retail outparcel users. The asking price is $2,200,000, and the property's APN is 51185. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving retail corridor. Don't miss this chance to capitalize on this exceptional investment potential.
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.