120 Union Church Rd Carthage, NC 28327
This exceptional 15.25-acre commercial property in Carthage, North Carolina, presents a unique investment opportunity. Located at 120 Union Church Rd, Moore County, zip code 28327, this land boasts a convenient location between Charlotte and Raleigh, just 15 minutes from Southern Pines and Pinehurst, and approximately 30 minutes from Fort Liberty/Fayetteville. The property includes an existing building, sold "as-is," currently utilized for storage and maintenance. The zoning is currently designated TBD-CZ. This presents significant potential for development, with the land priced at under $100,000 per acre. The asking price for this expansive parcel is $1,495,000. The property consists of two parcels totaling approximately 15.25 acres. Its strategic location and substantial size make it an attractive prospect for various commercial ventures. Detailed information regarding permitted uses under the TBD-CZ zoning designation is available upon request. This is a rare opportunity to acquire a large commercial tract in a rapidly growing area of North Carolina. Serious inquiries are encouraged.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.