Property profile

6024 Unity St Thomasville, NC 27360

OFF-MARKET
Land
8.06 ac lot
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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

Location

6024 Unity St Thomasville, NC 27360
Thomasville metro
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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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