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    OFF-MARKET
    Land

    465 Turner Rd, Mayodan, NC 27027

    48.61 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 48.61-acre industrial land parcel presents a unique investment opportunity in Mayodan, North Carolina. Located at 465 Turner Road, this property boasts a prime location at the corner of Turner Road and NC-704, offering excellent visibility and accessibility. The land itself is a mix of level and rolling terrain, currently wooded, and zoned M1, allowing for a variety of industrial uses. Public water and sewer services are readily available, simplifying development plans. The property is free from deed restrictions, aside from standard utility easements, providing flexibility for future development. While an abandoned house is present on the site, this presents an opportunity for redevelopment. Importantly, the land is not situated within a flood zone, mitigating potential risks. This location in Rockingham County offers a strong foundation for establishing a new business or expanding existing operations. The asking price for this significant industrial land holding is $990,000. The property's size, zoning, and location combine to create a compelling investment prospect.

    Property profile
    Verified
    Property type Land
    Lot 48.61 ac (2,117,452 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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