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    OFF-MARKET
    Land

    6024 Unity St, Thomasville, NC 27360

    8.06 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8.06-acre commercial land parcel presents a remarkable opportunity for retail development in the thriving Thomasville, North Carolina market. Ideally situated in Randolph County, at 6024 Unity St, zip code 27360, this property boasts a highly desirable location bordering the new Covington Ridge residential community, ensuring a strong customer base. The site is already rough-graded and development-ready, saving significant time and costs for future projects. All utilities are readily available on-site, simplifying the construction process. Zoned HC, this land is perfectly suited for a variety of retail uses, with the potential to become a grocery-anchored retail center, capitalizing on the growing residential population in the surrounding area. The property's strategic location within the South Guilford and Northeast Randolph submarket positions it for exceptional visibility and accessibility. This is a rare chance to acquire a large, well-prepared site poised for immediate development, offering significant return on investment. The asking price for this prime retail development opportunity is $3,600,000. Don't miss this chance to secure a piece of Thomasville's burgeoning retail landscape.

    Property profile
    Verified
    Property type Land
    Lot 8.06 ac (351,094 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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