Property profile

Vac Nc Hwy 49 Hwy Richfield, NC 28137

OFF-MARKET
Commercial real estate
0.88 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Lot 0.88 ac (38,333 SF)

Cap rate & NOI

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

Location

Vac Nc Hwy 49 Hwy Richfield, NC 28137
Richfield metro
Google Maps

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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