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Property profile & analytics
OFF-MARKET
Commercial real estate

268 Turnersburg Hwy Turnersburg Hwy Hwy Statesville, NC 28625

6.5 ac lot Built 2025
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 2025
Lot 6.5 ac (283,140 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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