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Property profile & analytics
OFF-MARKET
Land

1035 Old Us Highway 1 Southern Pines, NC 28387

2.86 ac lot
Property ID
Property summary
AI-generated overview

Exceptional development opportunity awaits with this 2.86-acre commercial land parcel situated along Old US Hwy 1 in Southern Pines, NC. This property boasts significant frontage on Old US Hwy 1, Bell Avenue, and SW Broad Street, offering unparalleled visibility and accessibility. Comprised of five parcels (APN: 20030332, 00055811, 00056306, 00056305, 20050325), the land is zoned GB - General Business, allowing for a wide range of commercial uses. The property enjoys a high traffic count of 8,500 AADT, ensuring substantial exposure for any development. The majority of the land lies within the city limits, with one parcel located in the extraterritorial jurisdiction (ETJ). Located less than a mile from downtown Southern Pines, this site presents a unique blend of high visibility, convenient access, and flexible zoning, making it ideal for a variety of commercial ventures. The asking price is $1,750,000. This is a rare opportunity to acquire a substantial commercial property in a thriving North Carolina community.

Property profile
Verified
Property type Land
Lot 2.86 ac (124,582 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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