24-27 Hwy, Troy, NC 27371
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.