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Property profile

158 Hwy Warrenton, NC 27589

OFF-MARKET
Land
24.66 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering encompasses three tracts totaling 24.66 acres in Warren County, North Carolina. Strategically located on Hwy 158 and Hester Road, this property boasts significant road frontage – approximately 1,475 feet on Hwy 158 and 1,043 feet on Hester Road. The land is zoned Rural Agriculture (RA) and features water access on Hwy 158. Individual parcel sizes are: Parcel 1 (5.97 acres, PIN: 2957089707), Parcel 2 (7.55 acres, PIN: 2957086607), and Parcel 3 (11.14 acres, PIN: 2957081663). The property's prime location offers easy access to I-95, Warrenton, Norlina, and the recreational amenities of Lake Gaston. With a daily traffic count of 3,200 vehicles on Hwy 158 nearby, this location presents excellent visibility. Proximity to major employers like Glen Raven Mills in Norlina, International Paper, Cast Stone Systems, and downtown Warrenton adds to its appeal. This site is ideal for residential or light commercial development in a rapidly growing county. The asking price is $246,600, or $10,000 per acre.

Property profile

Verified
Property type Land
Lot 24.66 ac (1,074,190 SF)

Cap rate & NOI

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

Location

158 Hwy Warrenton, NC 27589
Warrenton 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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