Current Use by Public Records
- Ramsey's Mill / Tour Operator
- Gunter Automotive / Auto Repair Shop
Property Details for 30 Lockville Rd
- Lot size
- 4.49 lot acres
- Property type
- Land
Description
This exceptional 4.49-acre commercial land parcel presents a compelling investment opportunity in Moncure, North Carolina. Strategically located near US-1 and the burgeoning VINFast site, this property boasts significant development potential. Currently improved with a 3,000 square foot building, currently leased to an auto service business, offering immediate income potential or redevelopment possibilities. The owner is prepared to provide a 90-day notice to vacate, allowing for flexible future plans. The property enjoys approximately 600 feet of road frontage along Old US 1, providing excellent visibility and accessibility. This prime location benefits from the anticipated infrastructure improvements associated with the VINFast development, including the extension of sewer lines. This presents a rare chance to acquire a substantial commercial tract in a rapidly growing area, poised for significant appreciation. The asking price is $775,000. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This is an ideal opportunity for investors seeking high-growth potential in a dynamic location. Don't miss this chance to secure a piece of Moncure's exciting future.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moncure
- County
- Chatham
- State
- North Carolina
- Longitude
- -79.0877
- Latitude
- 35.6195
