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    OFF-MARKET
    Land

    24-27 Hwy, Troy, NC 27371

    60 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 60-acre commercial and industrial land parcel presents a unique investment opportunity in Troy, North Carolina. Located directly on Highway 24-27 Bypass, this property offers unparalleled access and visibility. Zoned for light industrial use, it's ideally suited for a variety of development projects. The large lot size allows for substantial flexibility in design and construction, accommodating warehouse and distribution centers, flex spaces for expanding businesses, or even healthcare-related developments. The master plan's flexibility encourages creative design freedom, making it perfect for businesses seeking a customized solution. The $16,000 per acre price point represents a compelling value for this strategically located property in Montgomery County. Consider the potential for outparcels and lots designed to complement hospitality concepts, such as hotels and restaurants, further enhancing the property's value and appeal. With its prime location and versatile zoning, this property is poised for significant growth and return on investment. The asking price for the entire 60-acre tract is $960,000. This is a rare opportunity to acquire a substantial land holding in a thriving North Carolina market. The zip code is 27371.

    Property profile
    Verified
    Property type Land
    Lot 60 ac (2,613,600 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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