0 Pinewood Rd, Granite Falls, NC 28630
This 6.3-acre commercial land parcel in Granite Falls, North Carolina, presents a significant investment opportunity. Boasting 2,000 feet of road frontage on four sides, the property enjoys incredible visibility along US 321-S, a major thoroughfare with a traffic count exceeding 30,000 vehicles daily, according to NCDOT estimates. Its strategic location at a signalized intersection, adjacent to established businesses like McDonald's and O'Reilly Auto Parts, makes it ideal for a variety of commercial developments. The property is zoned Hwy Bus (Highway Business/General Commercial), allowing for diverse uses, including a gas station, business complex, or, potentially, multi-family housing with appropriate down-zoning. The land can be subdivided into one-acre parcels, each priced at $450,000, providing flexibility for investors. While deed restrictions are in place, preventing certain types of restaurants, detailed restrictions are available upon request. The property's APN is 2775890461. This prime location and zoning make this a compelling opportunity for commercial development in a high-traffic area. The asking price for the entire 6.3-acre parcel is $2,250,000.
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.