Property profile

0 Oine Rd Norlina, NC 27563

OFF-MARKET
Land
6 ac lot
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Property summary

AI-generated overview

This exceptional 6-acre commercial land parcel presents a unique investment opportunity in Norlina, North Carolina. Strategically located on Oine Road, with convenient access to Interstate 85, this property boasts a high-traffic count of 21,000-22,000 vehicles daily, ensuring significant visibility for any business. The land is zoned N-B (Neighborhood Business), making it ideal for a variety of commercial uses, including gas stations, convenience stores, hotels, fast-food restaurants, or even outside/mini storage facilities. Utilities are readily available, with water and sewer already at the site. The asking price is $570,000, representing an attractive price per acre of $95,000. This property's prime location and versatile zoning make it an exceptional prospect for developers and investors seeking a high-return investment in a rapidly growing area. The property's proximity to the I-85 interchange guarantees excellent accessibility and exposure to a large customer base. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving location. The 6-acre size offers ample space for development, allowing for significant flexibility in project design and scale. This is a rare opportunity to secure a well-positioned commercial property in Warren County, NC.

Property profile

Verified
Property type Land
Lot 6 ac (261,360 SF)

Cap rate & NOI

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

Location

Oine Rd Norlina, NC 27563
Norlina metro
Google Maps

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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