1397 Wilkesboro Hwy Statesville, NC 28625
This exceptional 10.83-acre mixed-use property in Statesville, North Carolina, presents a significant investment opportunity. Comprising two parcels (PIN: 4735421640 & 4735420282), approximately 7.18 acres are buildable, offering substantial development potential. The site boasts excellent visibility and accessibility, with approximately 460 linear feet of frontage on Wilkesboro Highway and approximately 900 linear feet of frontage on I-40, a major thoroughfare experiencing 61,000 vehicles per day. Its level topography simplifies development. The property's strategic location offers convenient access to I-77 and is situated approximately 0.1 miles from I-40, 42 miles from Charlotte's central business district, 42 miles from Winston-Salem, 70 miles from Greensboro, and 107 miles from Asheville. The property is zoned B-2 (Neighborhood Business District) along Wilkesboro Highway and B-5 (General Business District) elsewhere, allowing for a variety of commercial uses, including auto shops, banks, and grocery stores. Contact for pricing and further details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.