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    OFF-MARKET
    Land

    355 Main St, Granite Falls, NC 28630

    130 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 130-acre commercial land parcel presents a unique investment opportunity in Granite Falls, North Carolina. Located at 355 S Main St, 28630, this property boasts scenic, rolling terrain and breathtaking mountain views, making it ideal for various residential development projects. The land is currently situated within the Town of Granite Falls extraterritorial jurisdiction (ETJ) and will require annexation to access utilities. Further details regarding zoning and permitted uses can be obtained by contacting the Town of Granite Falls directly. While the property description indicates potential lake frontage, access is currently restricted due to an intervening railroad track. Please note that property lines depicted in available materials are not to scale. The asking price for this expansive tract is $4,375,000. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, utility access, and potential development costs. This property offers significant potential for a developer seeking a substantial landholding with stunning natural surroundings and proximity to the amenities of Granite Falls.

    Property profile
    Verified
    Property type Land
    Lot 130 ac (5,662,800 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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