You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

1121 Radio Rd Statesville, NC 28677

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5-6 acre parcel in Statesville, NC, presents a remarkable opportunity for residential development. Located on Radio Road, this property boasts a highly desirable location within a thriving community, offering convenient access to a wealth of amenities. Within a mile, residents will find grocery stores, pharmacies, medical facilities, restaurants, and entertainment venues. The site itself benefits from existing infrastructure, including water and sewer connections. Furthermore, the property is situated near a local park, well-maintained sidewalks, and greenway paths, enhancing its appeal and livability. The slightly sloping terrain simplifies grading and utility installation, making development more efficient. Its strategic location provides easy access to Interstates 40 and 77, connecting residents to the broader Charlotte metropolitan area. The City of Statesville actively encourages development, with preliminary approvals suggesting the potential for approximately 84 apartments or other residential options. The property's address is 1121 Radio Rd, Statesville, NC 28677 (APN: 4735829855.000). Note that mapping lines are estimates

Property profile
Verified
Property type Land
Lot 5 ac (217,800 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
Current use
Occupant on record · Public records
  • Action Specialties Corporate Office Business Park
  • Embassy Music Studios Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1121 Radio Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message