Property profile

01 Turner Rd Mayodan, NC 27027

OFF-MARKET
Land
37.4 ac lot
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Property summary

AI-generated overview

This exceptional 37.4-acre property in Mayodan, North Carolina, presents a unique investment opportunity. Located in Rockingham County at 01 Turner Rd, zip code 27027, this expansive land parcel boasts a desirable M1/R20 zoning designation, opening doors to a variety of commercial and industrial uses. The land itself is a blend of level, rolling terrain, and partially wooded areas, featuring existing timber, a pond, pastureland, a riding arena, and a storage building. This diverse landscape offers flexibility for development and potential uses. With approximately 652 feet of total road frontage, the property enjoys prominent visibility and accessibility, situated at the corner of NC-704 and Turner Road. This strategic location makes it an ideal site for establishing a new business or expanding an existing one. The asking price is $299,000. This property's combination of size, zoning, features, and location makes it a compelling investment prospect in a growing area. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 37.4 ac (1,629,144 SF)

Cap rate & NOI

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

Location

01 Turner Rd Mayodan, NC 27027
Mayodan metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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