2001 Us-29, China Grove, NC 28023
Exceptional 1.53-acre commercial land opportunity in China Grove, NC, situated on a level corner lot at 2001 US-29. This property boasts convenient access from both US Highway 29 and Bostian Road, placing it within two miles of Interstate 85 via the new Beatty Ford Road interchange. The land is designated as Highway Business (HB) zoned and located in an Opportunity Zone. Utilities including water, sewer, and natural gas are readily available. The property comprises two parcels (129024 and 129145); note that parcel 129145 requires rezoning for commercial use. Existing structures are conveyed at no value. Two septic systems and two wells are currently on the site. Additional acreage (parcel 129043) is available for purchase and can be combined with the existing parcels; however, this additional parcel may also require rezoning depending on the intended use. Asking price is $1,800,000. Serious inquiries only; please schedule an appointment before visiting the property.
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.