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Property profile & analytics
OFF-MARKET
Commercial real estate

Us 64 Hwy Asheboro, NC 27203

2.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.43-acre commercial parcel presents a unique investment opportunity in Asheboro, NC. Situated in a high-growth area, this property boasts unparalleled visibility and accessibility, with a daily traffic count exceeding 17,000 vehicles. Its strategic location offers significant advantages for a variety of commercial uses, including retail, office space, or other ventures. The land is less than 600 feet from the newly constructed Randolph County Agriculture Center and the planned site of a major hotel chain, ensuring future development and increased foot traffic. This proximity to established and emerging infrastructure creates a synergistic environment, promising strong returns on investment. The property's size and location make it ideal for a large-scale development or a smaller, strategically positioned business. The high traffic volume guarantees significant exposure, making it an attractive proposition for businesses seeking maximum visibility and accessibility. This is a rare opportunity to acquire a prime commercial lot in a rapidly developing area with exceptional potential for growth and profitability. Don't miss this chance to secure a piece of Asheboro's thriving commercial landscape. The asking price is $1,200,000.

Property profile
Verified
Property type Commercial real estate
Lot 2.43 ac (105,851 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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