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.
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.