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Property profile & analytics
OFF-MARKET
Land

0 Summitt Ave Old Farm Rd Roanoke Rapids, NC 27870

Property ID
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 0 Summitt Ave (extending to Old Farm Road) in Roanoke Rapids, NC, 27870, presents a unique investment opportunity. Priced at $175,000, this property boasts an unparalleled location, less than a mile from I-95 and within half a mile of the Halifax Regional Center. Its strategic position is further enhanced by its proximity to a thriving cluster of medical facilities, including adult medicine, orthopedic surgery, express care, surgical associates, a dialysis center, and numerous dental offices. The area also features a high concentration of established businesses such as Walmart, Starbucks, Collier Harley Davidson, and Belk, ensuring high visibility and foot traffic. Other nearby amenities include a veterinary hospital, fitness centers, the Social Security office, a law firm, and a fire department. The property's accessibility is further amplified by its convenient access to Highways 158 and 125. This high-traffic area offers numerous development possibilities for businesses seeking a prime location with excellent visibility and convenient access to major transportation arteries. Adjacent commercial properties are also available (MLS 132181, 132183). This is a rare chance to acquire a highly desirable commercial land parcel in a rapidly growing area.

Property profile
Verified
Property type Land
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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