Property profile

0 Ingram Dr At 5 Frk St King, NC 27021

OFF-MARKET
Retail properties & Spaces
58.69 ac lot
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Property summary

AI-generated overview

This exceptional 58.69± acre commercial property presents a unique investment opportunity in King, North Carolina. Located at the intersection of Ingram Drive and Five Fork Street, this outparcel pad boasts outstanding visibility and exposure to approximately 46,000 cars per day on Highway 52 (I-74). The property is conveniently situated adjacent to a Walmart Supercenter, ensuring high traffic and excellent brand synergy. Zoned CU-PD-RC, the land offers flexibility for a variety of commercial developments. All utilities are available on-site, simplifying the development process. The expansive lot size allows for potential subdivision, catering to multiple users or a large-scale project. Its prime location near Highway 52 (I-74) provides easy access to major transportation routes, enhancing its appeal to businesses seeking high visibility and convenient access for customers and employees. This is an exceptional opportunity to acquire a strategically located commercial parcel with significant development potential in a thriving area.

Property profile

Verified
Property type Retail properties & Spaces
Lot 58.69 ac (2,556,536 SF)

Cap rate & NOI

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

Location

Ingram Dr At 5 Frk St King, NC 27021
King 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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