Property profile

925 Julia May Baker Rd Wingate, NC 28174

OFF-MARKET
Mixed-use properties
26.95 ac lot
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Property summary

AI-generated overview

This exceptional 26.945-acre mixed-use development opportunity is situated in Wingate, North Carolina, at the strategic intersection of the Monroe Expressway and Austin Chaney Road. Priced at $4,041,750 ($150,000/acre), this property presents a compelling investment prospect. The land is zoned for Suburban Office Center use, offering significant flexibility for various commercial ventures. The site comprises two parcels and is conveniently located near Wingate University and the Jesse Helms Center, providing access to a vibrant community and established infrastructure. While a house is present on the property, it holds no assessed value and is considered inconsequential to the overall land value. The asking price of $3.44 per square foot reflects the exceptional potential of this location. This is a rare opportunity to acquire a substantial tract of land in a growing area, subject to commercial rezoning, offering significant upside for the discerning investor. The property's location along a major expressway ensures high visibility and accessibility, making it ideal for a variety of commercial developments. The town of Wingate jurisdiction provides a stable and supportive environment for business growth.

Property profile

Verified
Property type Mixed-use properties
Lot 26.95 ac (1,173,724 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

925 Julia May Baker Rd Wingate, NC 28174
Wingate 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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