Property profile

7970 Nc Hwy 150 Hwy Terrell, NC 28682

OFF-MARKET
Commercial real estate
12 ac lot Built 1883
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Property summary

AI-generated overview

This exceptional 12-acre commercial property presents a rare opportunity for significant development. Strategically located on the major intersection of Highway 150 and Sherrills Ford Road in Terrell, North Carolina, this site boasts unparalleled visibility and accessibility. The expansive acreage offers ample space for a wide range of commercial ventures, from retail and restaurants to light industrial and office complexes. Its prime location ensures high traffic counts and strong potential for attracting a diverse customer base. The property's corner location maximizes exposure, making it ideal for businesses seeking maximum brand visibility. Given its size and strategic placement, this land parcel represents a significant investment opportunity with substantial long-term growth potential. The high traffic volume generated by the intersection guarantees a steady stream of potential customers, making it an attractive proposition for businesses seeking a strong foothold in a thriving market. This is a blank canvas for a visionary developer to create a landmark commercial development in a rapidly growing area. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $4,500,000.

Property profile

Verified
Property type Commercial real estate
Year built 1883
Lot 12 ac (522,720 SF)

Cap rate & NOI

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

Location

7970 Nc Hwy 150 Hwy Terrell, NC 28682
Terrell metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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