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    OFF-MARKET
    Commercial real estate

    Vac Nc Hwy 49 Hwy, Richfield, NC 28137

    0.88 ac lot
    Property ID
    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
    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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