465 Turner Rd, Mayodan, NC 27027
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.