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    OFF-MARKET
    Land

    2001 Us-29, China Grove, NC 28023

    1.53 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.53 ac (66,647 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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