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    OFF-MARKET
    Land

    465/01 Turner Rd, Mayodan, NC 27027

    86.1 ac lot
    Property ID
    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
    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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