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    OFF-MARKET
    Land

    218 Trotman Rd, Shawboro, NC 27921

    8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8-acre commercial lot in Camden, North Carolina, presents a unique investment opportunity. Located at 218 S Trotman Rd, Shawboro, NC 27921, this property boasts a generous 348,480 square feet and is zoned R1. Currently used for residential purposes, the county permits subdivision into four separate building lots, offering significant development potential. The land is largely wooded, providing privacy and a tranquil setting. A significant advantage is the absence of wetlands, simplifying development processes. The seller is actively improving the property by installing a sand pad, extending water and electrical service to a cleared building site, and creating a winding circular driveway. The property enjoys access to municipal roads and community water. The asking price is $199,900, representing a compelling value for its size, location, and development potential. Tax information is available from 2022. This is an ideal opportunity for developers or investors seeking a versatile and well-situated commercial parcel in a desirable North Carolina location.

    Property profile
    Verified
    Property type Land
    Lot 8 ac (348,480 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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