Property profile

0 Independence Dr Wingate, NC 28174

OFF-MARKET
Land
51.23 ac lot
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Property summary

AI-generated overview

This exceptional 51.23-acre commercial land parcel presents a unique investment opportunity in Wingate, North Carolina. Located at 0 Independence Drive, this property is zoned R-20 and offers significant potential for development. The land is part of the Trellis Subdivision, a planned 100-lot development, and includes two tax parcels: 09057013 (36.91 acres) and 09057013A (14.32 acres). Approved (but not yet recorded) sketches outline plans for 107 lots. The asking price is $1,500,000, translating to approximately $29,280 per acre. Conveniently situated, the property enjoys a prime location just a 4-minute drive (1.5 miles) from both downtown Wingate and Wingate University, providing easy access to amenities and a thriving community. This property is ideally suited for a variety of commercial ventures, offering substantial returns for the discerning investor. The address is 0 Independence Dr & Meadow Lane, Wingate, NC 28174. This is a rare opportunity to acquire a large, well-located parcel in a growing area. Don't miss out on this chance to capitalize on the potential of this exceptional commercial land.

Property profile

Verified
Property type Land
Lot 51.23 ac (2,231,579 SF)

Cap rate & NOI

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

Location

Independence Dr Wingate, NC 28174
Wingate metro
Google Maps

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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