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Property profile & analytics
OFF-MARKET
Land

0 Penny Rd & Kelly Blvd Claremont, NC 28610

10.98 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.98-acre commercial land parcel presents a prime build-to-suit opportunity in Claremont, North Carolina. Located at the intersection of Penny Road and Kelly Boulevard, this property boasts a generous 250,000 square feet of land and is zoned M-1, offering considerable flexibility for development. The site has already undergone rough grading, significantly reducing site preparation costs and expediting the construction process for future projects. This advantageous feature makes it an attractive option for developers seeking to minimize upfront expenses and accelerate project timelines. The single-tenant zoning allows for a variety of commercial uses, making it suitable for a wide range of businesses. Situated in Catawba County, this location offers easy access to major transportation routes and a growing local economy. The property's size and zoning provide ample space for a variety of development projects, from smaller retail spaces to larger industrial facilities. This is a rare opportunity to acquire a strategically located, well-prepared commercial land parcel ready for immediate development. The address is Penny Road & Kelly Boulevard, Claremont, NC 28610. Contact us today to explore the possibilities and discuss your development plans.

Property profile
Verified
Property type Land
Lot 10.98 ac (478,289 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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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