Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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