5612 East Dr Maiden, NC 28650
This exceptional 5.258-acre parcel presents a remarkable opportunity for commercial development in the thriving town of Maiden, North Carolina. Located at the intersection of Highway 150 and Business 16, this strategically positioned land boasts high daily traffic counts and enjoys the benefits of a rapidly growing area experiencing significant commercial redevelopment. Zoned C, this mixed-use site is ideal for a variety of commercial ventures, including retail establishments and multifamily developments. Utilities are conveniently located on-site, simplifying the development process. The property's proximity to the intersection of Highway 150 and Highway 16 provides unparalleled accessibility, while its location less than half a mile from this major intersection ensures high visibility and convenient access for customers and residents. Furthermore, its position within a rapidly developing area, less than 30 minutes from Uptown Charlotte and situated in the growing Lake Norman region, guarantees strong potential for future appreciation. Significant residential and commercial development within a 5-mile radius further underscores the property's exceptional investment potential. This is a rare opportunity to acquire a substantial land parcel in a prime location poised for continued growth and success. The asking price for this exceptional property is $1,300,000.
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
Similar Nearby for Sale
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.