0 Us-29, China Grove, NC 28023
This exceptional 3.27-acre commercial land parcel is strategically located in China Grove, North Carolina, on US Highway 29. Boasting over 500 feet of highway frontage, this property offers unparalleled visibility and accessibility to a high volume of traffic (AADT exceeding 17,000). The parcel is partially cleared and zoned HB - Highway Business, making it ideal for a variety of commercial developments, including medical or retail uses. Its strong location provides convenient access to Charlotte, Statesville, and the Triad region. On-site utilities are readily available. The property's advantageous position near the State Employees Credit Union and Novant Health, and its proximity (1.9 miles) to Interstate 85, further enhances its appeal. A powerline easement offers potential for efficient site planning, including parking and green space. The parcel number is 129 144. This is a remarkable opportunity to capitalize on the growth and high traffic count of this desirable location. The asking price is $440,000, representing a price per acre of $152,294.
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.