Property profile

218 Trotman Rd Shawboro, NC 27921

OFF-MARKET
Land
8 ac lot
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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

Location

218 Trotman Rd Shawboro, NC 27921
Shawboro metro
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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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