Property profile

355 Main St Granite Falls, NC 28630

OFF-MARKET
Land
130 ac lot
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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

Location

355 Main St Granite Falls, NC 28630
Granite Falls 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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