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Property profile & analytics
OFF-MARKET
Land

0 Kimball Rd. At Manson Axtell Rd Norlina, NC 27563

349 ac lot
Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire 349 acres of commercially zoned industrial land in Warren County, North Carolina. This expansive property, located at the intersection of Kimball Road and Manson Axtell Road in Norlina (zip code 27563), offers significant potential for development. The land is zoned for industrial use and boasts readily available water, sewer, and power infrastructure, streamlining the development process. Priced attractively at $12,500 per acre, totaling $2,617,500, this represents a compelling investment. The property's strategic location provides convenient access to major transportation arteries, including Interstate 85, US Highway 1, US Highway 401, and US Highway 158. Furthermore, its proximity to Raleigh-Durham International Airport, Research Triangle Park, Lake Gaston, and Kerr Lake enhances its appeal. The site is situated within the Kerr Tar Regional Council of Governments, an area experiencing significant growth and opportunity. This presents a unique chance to capitalize on the region's expanding industrial sector and robust workforce. While the initial acreage is 349 acres, there is potential for expansion with an additional 130 acres, and 39 acres are currently available.

Property profile
Verified
Property type Land
Lot 349 ac (15,202,440 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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