268 Turnersburg Hwy Turnersburg Hwy Hwy Statesville, NC 28625
This exceptional 6.5-acre commercial land parcel presents a prime investment opportunity in Statesville, North Carolina. Located in a high-traffic area along US-21/Turnersburg Highway, just north of the I-40 and US-21 N intersection, this undeveloped tract boasts unparalleled visibility and accessibility. The property sits within Statesville's primary commercial corridor, surrounded by major national retailers such as Home Depot, Publix, Lowe's, Hobby Lobby, PetSmart, Michaels, and Aldi, ensuring high consumer traffic and strong brand recognition. This infill development site is ideal for investors and developers seeking to capitalize on the robust local economy and growing community needs. The site's prominent location offers significant advantages for a variety of commercial uses, benefiting from the high volume of traffic on US-21/Turnersburg Highway, with an estimated Annual Average Daily Traffic (AADT) of 20,000 to 34,999 vehicles, according to the North Carolina Department of Transportation (NCDOT). The property's size and location make it suitable for a range of development projects, from retail centers to mixed-use developments, catering to the area's expanding population and consumer base. This is a rare opportunity to acquire a strategically positioned commercial land parcel in a thriving market. The asking price is $6,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.