Property profile

4963 Us-220 Summerfield, NC 27358

OFF-MARKET
Land
1.36 ac lot
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Property summary

AI-generated overview

This exceptional 1.36-acre commercial land parcel presents a prime investment opportunity in the thriving Summerfield, North Carolina market. Strategically located on the corner of Oak Ridge Road and US Highway 220, this property boasts exceptional visibility and accessibility, ensuring high traffic exposure for any commercial venture. Currently zoned for commercial use, this site is ideally suited for a variety of businesses seeking a high-traffic location. The property's location within Guilford County benefits from a robust and growing economy, characterized by strong income demographics and a high growth trajectory. Further enhancing its appeal, Guilford County plans to extend sewer and water access to the area within the next few years, significantly increasing the property's development potential. With a current daily traffic volume of 16,000 vehicles, this site is perfectly positioned to attract major retailers and other businesses seeking a prominent presence in a rapidly expanding market. The property's APN is 7839-35-0920. This is a rare opportunity to acquire a highly desirable commercial land parcel in a prime location with significant future growth potential. The asking price for this exceptional property is $895,000.

Property profile

Verified
Property type Land
Lot 1.36 ac (59,242 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4963 Us-220 Summerfield, NC 27358
Summerfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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