6012 Hwy 64 Asheboro, NC 27205
This exceptional 7.7-acre parcel presents a unique investment opportunity in West Asheboro, North Carolina. Located at the intersection of US Highway 64 West and Garren Town Road, this property boasts significant street frontage, offering excellent visibility and accessibility. Currently wooded, the land is primed for development, presenting a blank canvas for a variety of commercial or residential projects. The strategic location is further enhanced by the successful development of a nearby Dollar General store, demonstrating the viability and potential of the area for commercial ventures. The asking price is $985,600, translating to $150,000 per acre, reflecting the land's high value and development potential. Situated in Randolph County, with a 27205 zip code, this property offers easy access to Asheboro's amenities and infrastructure. Detailed site surveys and zoning information are readily available upon request. This is a rare chance to acquire a substantial tract of land in a thriving area, ideal for developers seeking a prime location for their next project. The property's size and location make it suitable for a range of uses, from retail and commercial developments to residential subdivisions. Don't miss this opportunity to secure a piece of West Asheboro's promising future. Contact us today to learn more about this exceptional property and explore its development possibilities.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.