Technical
Financial
Distress signals
Property profile

158 Hwy Afton, NC 27589

OFF-MARKET
Land
10 ac lot
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Property summary

AI-generated overview

This exceptional 10-acre commercial land parcel presents a remarkable investment opportunity in Warrenton, North Carolina. Strategically located on Hwy 158 Business, between Warrenton and Norlina, this property enjoys high visibility and convenient access. Its proximity to the NC SECU, Warren County administrative offices, and downtown Warrenton makes it ideally suited for a variety of commercial developments. The parcel, a portion of PIN# 2947200561, is zoned LI, facilitating a range of potential uses. Utilities are readily available, with water and sewer (force main) located on Hwy 158 Business. This prime location benefits from the northward expansion of the Triangle region's growth along I-85, positively impacting Warren County's economic development. Warren County's proactive economic development initiatives are further underscored by recent expansions of Glen Raven Mills (Sunbrella Mfg) and the continued operation of International Paper on US 1. The asking price is $200,000, representing a compelling $20,000 per acre. This presents a tremendous opportunity for future development and significant return on investment. The property's address is Hwy 158, Warrenton, NC 27589.

Property profile

Verified
Property type Land
Lot 10 ac (435,600 SF)

Cap rate & NOI

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

Location

158 Hwy Afton, NC 27589
Afton 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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