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Property profile & analytics
OFF-MARKET
Land

158 Hwy Afton, NC 27589

10 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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