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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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