0 Sheraton Dr Roanoke Rapids, NC 27870
This exceptional 2.9-acre commercial lot presents a remarkable investment opportunity in Roanoke Rapids, North Carolina. Strategically located on the corner of Sheraton Drive and offering direct access to Interstate 95, this property boasts unparalleled visibility and accessibility for businesses seeking high traffic exposure. The lot is zoned B-4 Commercial District, allowing for a wide range of commercial development possibilities. Its expansive size provides ample space for construction of a large-scale commercial building, or the potential for multiple smaller developments. The property's prime location near Interstate 95 ensures convenient access for customers and employees, while also attracting a diverse range of businesses. With its ideal location and flexible zoning, this property is poised for significant growth and return on investment. The property's APN is 1220020, located in Halifax County, North Carolina, zip code 27870. The asking price for this exceptional commercial land is $1,531,500. This is a rare opportunity to acquire a high-visibility commercial lot in a rapidly growing area. Don't miss out on this chance to secure a prime location for your next commercial venture.
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.