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    108 Wright Rd Biscoe, NC 27209

    • Commercial real estate
    • 6.11 lot acres
    For Sale
    View listing
    $1,100,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-4172028
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 108 Wright Rd

    Year built
    1947
    Lot size
    6.11 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 6.11-acre commercial lot presents a truly unparalleled investment opportunity in the heart of Biscoe, NC. Situated directly across the highway from a Walmart Supercenter and numerous other shopping and dining establishments, this property boasts exceptional visibility and accessibility, guaranteeing high traffic flow. Its strategic location within Montgomery County's commercial hub ensures maximum exposure to a large and consistent customer base. The property has recently undergone zoning changes, now officially designated for commercial use, eliminating any uncertainty regarding permitted development. This opens the door to a wide range of potential uses, from retail spaces and restaurants to office buildings and other commercial ventures. The substantial lot size provides ample space for large-scale development or the construction of multiple buildings. The high-traffic location, combined with the recent zoning update, makes this a rare and highly desirable opportunity for investors seeking a prime commercial property in a thriving area. Don't miss this chance to secure a piece of Biscoe's vibrant commercial landscape. The asking price is $1,100,000. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Biscoe
    County
    Montgomery
    State
    North Carolina
    Longitude
    -79.79547
    Latitude
    35.35957

    Comparable in this City

    • $127,500

      Commercial Land on W Main

      1.5-acre commercial land parcel in Biscoe, North Carolina.
      W Main St, Biscoe, NC 27209
      View Details
    • $60,000
      1.79 Acres

      Residential Land with Billboard Income

      1.79 acres of residential land with highway access.
      24/27 E Nc Hwy, Biscoe, NC 27209
      View Details

    Similar Nearby for Sale

    • $127,500

      Commercial Land on W Main

      1.5-acre commercial land parcel in Biscoe, North Carolina.
      W Main St, Biscoe, NC 27209
      View Details
    • $60,000
      1.79 Acres

      Residential Land with Billboard Income

      1.79 acres of residential land with highway access.
      24/27 E Nc Hwy, Biscoe, NC 27209
      View Details
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    108 Wright Rd
    Biscoe, NC 27209
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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