Property profile

2001 Us-29 China Grove, NC 28023

OFF-MARKET
Land
1.53 ac lot
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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

Location

2001 Us-29 China Grove, NC 28023
China Grove metro
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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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