Property profile

306 Hwy 152 Chgv, NC 28023

OFF-MARKET
Land
37 ac lot
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Property summary

AI-generated overview

This exceptional 37-acre commercial land parcel presents a remarkable development opportunity in Rowan County, North Carolina. Strategically located on Highway 152 East, it boasts excellent visibility and accessibility. An added benefit is an adjacent approximately 4-acre tract fronting I-85, providing unparalleled access to this major interstate. The property's Highway Business (HB) zoning allows for a wide range of commercial uses, making it ideal for businesses seeking high visibility and convenient access to major transportation routes. Its central location offers easy commutes to Charlotte, Statesville, and the Triad region. The site is further enhanced by the availability of onsite utilities, simplifying the development process and reducing upfront costs. This prime location along the highly sought-after I-85 corridor ensures strong potential for future growth and return on investment. The combined acreage of approximately 41 acres offers significant flexibility for large-scale development projects. Contact us today to discuss pricing and explore the possibilities this exceptional property offers.

Property profile

Verified
Property type Land
Lot 37 ac (1,611,720 SF)

Cap rate & NOI

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

Location

306 Hwy 152 Chgv, NC 28023
Chgv metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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