Property profile

465/01 Turner Rd Mayodan, NC 27027

OFF-MARKET
Land
86.1 ac lot
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Property summary

AI-generated overview

This exceptional 86.1-acre property, located at 465/01 Turner Road in Mayodan, North Carolina (zip code 27027), presents a significant opportunity for industrial development. Situated in Rockingham County, this parcel boasts a convenient location at the corner of Turner Road and NC-704, offering excellent accessibility. The land itself is a mix of level and rolling terrain, characterized by wooded areas. Public water and sewer services are readily available, simplifying infrastructure development. Importantly, the property is free from deed restrictions, aside from standard utility easements. While an abandoned house is present on the site, this presents a potential opportunity for redevelopment or removal. The property is not located within a designated flood zone, mitigating potential risk. The permitted zoning is M1/R20, allowing for a range of industrial and potentially residential uses, subject to local regulations. This expansive tract offers significant potential for businesses seeking a strategic location in a growing area. The asking price for this remarkable property is $1,289,000.

Property profile

Verified
Property type Land
Lot 86.1 ac (3,750,516 SF)

Cap rate & NOI

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

Location

465/01 Turner Rd Mayodan, NC 27027
Mayodan 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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