Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Liberty Dr Thomasville, NC 27360
    Back to Search
    Property profile & analytics

    Liberty Dr Thomasville, NC 27360

    View on Map
    • Retail properties & Spaces
    • 1.90 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for Liberty Dr

    Lot size
    1.90 lot acres
    Property type
    Retail properties & Spaces

    Description

    This exceptional 1.9-acre commercial lot presents a remarkable opportunity for retail development in the thriving Thomasville, NC market. Boasting a highly desirable C-2 (Highway Commercial) zoning designation, this property enjoys unparalleled visibility and accessibility. Strategically located on a prominent corner, the lot offers almost 600 feet of frontage on Liberty Drive and an additional 400 feet on Lambeth Street, ensuring maximum exposure to a substantial daily traffic flow. Its prime location directly across from major retailers such as Walmart, Mavis Tire, and Murphy Gas, coupled with the proximity to an existing shopping center, guarantees high foot traffic and significant brand recognition potential. This exceptional location offers immediate access to a dense population base and a strong consumer market. The expansive lot size provides ample space for a variety of retail developments, making it an ideal investment for entrepreneurs and developers seeking a high-impact location with significant growth potential. The property's strategic positioning and high visibility make it an exceptional opportunity to establish a thriving retail business in a bustling commercial area. This is a rare chance to acquire a premier commercial lot in a prime Thomasville location. Don't miss this opportunity to secure a piece of Thomasville's vibrant commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Thomasville
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.066
    Latitude
    35.8888

    Comparable in this City

    • Value Estimation by Request
      8,600 SF

      34 Main St

      Individual retail properties • 8,600 SF
      34 Main St, Thomasville, NC 27360
      View Details
    • Value Estimation
      $17,920,000
      223,384 SF

      1585 Liberty Dr

      DEPARTMENT STORE • 223,384 SF
      1585 Liberty Dr, Thomasville, NC 27360-6356
      View Details
    • Value Estimation by Request
      78,509 SF

      1404 National Hwy

      Retail properties & Spaces • 78,509 SF
      1404 National Hwy, Thomasville, NC 27360
      View Details
    • Value Estimation by Request
      10,000 SF

      129 Kennedy Rd

      Retail properties & Spaces • 10,000 SF
      129 Kennedy Rd, Thomasville, NC 27360
      View Details
    • Value Estimation by Request
      6,421 SF

      218 National Hwya

      RETAIL STORES (PERSONAL SERVICES) • 6,421 SF
      218 National Hwya, Thomasville, NC 27360-4250
      View Details
    • Value Estimation by Request
      2,460 SF

      7012 Ball Park Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,460 SF
      7012 Ball Park Rd, Thomasville, NC 27360-7931
      View Details

    Similar Nearby for Sale

    • $390,000

      Thomasville Commercial Land Opportunity

      2-acre commercial land parcel in Thomasville, NC.
      606 Old Raleigh Rd, Thomasville, NC 27360
      View Details
    • $399,900

      Car Lot and Mechanic Garage

      Prime location car lot and mechanic garage for sale.
      620 National Hwy, Thomasville, NC 27360
      View Details
    • $365,000

      Commercial Lot For Sale

      1.15-acre commercial lot with high visibility and easy access.
      1570 National Hwy, Thomasville, NC 27360
      View Details
    • $300,000
      2,320 SF

      Thomasville Retail Investment Opportunity

      Former convenience store on 1 acre lot near country club.
      285 Old Greensboro Rd, Thomasville, NC 27360
      View Details
    • $595,000
      3,243 SF

      Retail Space in Thomasville, NC

      Retail space available for sale in Thomasville, North Carolina.
      116 E Main St, Thomasville, NC 27360
      View Details
    • $249,000
      2,400 SF

      New Service Garage with Bays

      New service garage with three bays in Thomasville, NC.
      200 Martin Luther King Jr Dr, Thomasville, NC 27360
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      1,806 SF

      Former IGA Space Available

      Former IGA in shopping center with ample parking.
      1404 National Hwy, Thomasville, NC 27360
      View Details
    • $3,500 /Mo
      3,396 SF

      Retail Space with Secure Fencing

      Fenced retail space near Bus 85 with high visibility.
      1530 National Hwy, Thomasville, NC 27360
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      1033 Randolph St, Thomasville, NC 27360
      View Details
    • Contact for pricing
      2,800 SF

      Retail Building with Play Areas

      Freestanding retail building with fenced outdoor areas for lease.
      1004 Ball Park Rd, Thomasville, NC 27360
      View Details
    • Contact for pricing
      40,000 SF

      Thomasville Industrial Warehouse For Lease

      40,000 SF industrial warehouse with easy access to major highways.
      3286 Denton Rd, Thomasville, NC 27360
      View Details
    • $16 SF/Yr
      3,700 SF

      Medical Office Space Available

      Well-maintained medical office space in high-traffic location.
      1630 Liberty Dr, Thomasville, NC 27360
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Liberty Dr
    Thomasville, NC 27360
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Liberty Dr, Thomasville, NC, 27360
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!