Technical
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Property profile

0 Sheraton Dr Roanoke Rapids, NC 27870

OFF-MARKET
Land
2.9 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 2.9 ac (126,324 SF)

Cap rate & NOI

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

Location

Sheraton Dr Roanoke Rapids, NC 27870
Roanoke Rapids 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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