Property summary
This exceptional 0.88-acre commercial lot presents a remarkable opportunity for entrepreneurs and investors alike. Strategically located on NC Highway 49 in the thriving city of Richfield, North Carolina, this property boasts unparalleled visibility and accessibility. The lot itself measures approximately 110 feet by 350 feet, offering ample space for a variety of commercial ventures. Its dimensions are further defined by additional measurements of 110 feet by 350 feet, suggesting a potentially rectangular or L-shaped configuration. The property is part of a larger parcel, ensuring convenient access and potential for future expansion. Importantly, this land is zoned Commercial Highway Business, providing flexibility for a wide range of commercial uses. This zoning designation opens doors to numerous possibilities, from retail establishments and restaurants to office spaces and light industrial facilities. The location on a major highway guarantees high traffic volume, maximizing exposure and attracting a large customer base. The asking price of $229,000 represents a compelling investment opportunity in a rapidly growing area. Don't miss this chance to secure a prime piece of commercial real estate in a vibrant and strategically important location. Act quickly, as opportunities like this are rare.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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