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    OFF-MARKET
    Land

    1311 Old Us 421, Siler City, NC 27344

    3.74 ac lot
    Property ID
    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
    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
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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