0 Magnolia Dr, Aberdeen, NC 28315
This exceptional 0.5-acre commercial lot presents a unique investment opportunity in Aberdeen, North Carolina. Ideally situated between Southern Pines and Aberdeen, with convenient access to US Highway 1 and the intersection of US Highways 15-501, this property boasts a prime location within a thriving region. Currently utilized as a parking lot, the land is zoned General Commercial by the Town of Aberdeen, offering remarkable flexibility for a wide range of business ventures. Permitted uses include, but are not limited to, daycare centers, medical offices, animal care facilities, restaurants, general office spaces, retail establishments, personal service businesses, and vehicle service centers. The property's expansive zoning possibilities cater to diverse entrepreneurial pursuits, making it an attractive prospect for both established businesses and new ventures. The asking price for this strategically located, versatile parcel is $650,000. The Moore County PIN is 20200656. Don't miss this chance to acquire a highly desirable commercial property in a rapidly developing area. The property's proximity to Pinehurst further enhances its appeal and potential for significant return on investment.
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.