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Property profile & analytics
OFF-MARKET
Land

6012 Hwy 64 Asheboro, NC 27205

7.7 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 7.7 ac (335,412 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
by Request
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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