Property profile

1 Tbd Us Hwy Rockingham, NC 28379

OFF-MARKET
Commercial real estate
31 ac lot
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Property summary

AI-generated overview

This exceptional 31-acre parcel of land presents a unique opportunity for investors and developers seeking a prime location in Rockingham, NC. Situated on US Highway 1, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The expansive acreage offers ample space for various development projects, from large-scale retail centers and industrial complexes to smaller-scale commercial buildings or even a mixed-use development. The strategic location along a major highway ensures high traffic volume and excellent exposure to potential customers and clients. The absence of existing structures allows for complete design flexibility, enabling developers to tailor the property to their specific vision and requirements. This is a blank canvas ready for a transformative project that will shape the future of Rockingham's commercial landscape. The asking price of $580,000 reflects the significant potential and value of this exceptional property. Given its size, location, and development potential, this 31-acre tract represents a rare and compelling investment opportunity. Serious inquiries are encouraged to explore the possibilities and secure this prime piece of Rockingham real estate. The property is currently designated as "Other" in property type, allowing for a wide range of potential uses. Further due diligence is recommended to confirm zoning regulations and permitted uses.

Property profile

Verified
Property type Commercial real estate
Lot 31 ac (1,350,360 SF)

Cap rate & NOI

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

Location

1 Tbd Us Hwy Rockingham, NC 28379
Rockingham metro
Google Maps

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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