Property profile

1311 Old Us 421 Siler City, NC 27344

OFF-MARKET
Land
3.74 ac lot
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Property summary

AI-generated overview

This exceptional 3.74-acre commercial lot is situated at 1311 Old US 421 S in Siler City, North Carolina, zip code 27344. The property is zoned H-C and SCETJ, offering flexibility for a wide range of commercial ventures. Currently, the land houses a successful automotive repair shop, demonstrating its suitability for businesses requiring ample space and convenient access. The substantial lot size presents significant development potential for entrepreneurs and investors alike. Located in Chatham County, this property benefits from the growth and economic vitality of Siler City. The asking price for this strategically located commercial land is $260,000. Its prime location and versatile zoning make it an attractive opportunity for those seeking to establish or expand their business in a thriving North Carolina community. The property's existing infrastructure, including the current automotive repair shop, could be repurposed or renovated to suit a variety of commercial needs, from retail to other service-based businesses. This presents a unique chance to capitalize on the dynamic market in Siler City. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering.

Property profile

Verified
Property type Land
Lot 3.74 ac (162,914 SF)

Cap rate & NOI

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

Location

1311 Old Us 421 Siler City, NC 27344
Siler City 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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