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    OFF-MARKET
    Land

    0 Us-29, China Grove, NC 28023

    3.27 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 3.27 ac (142,441 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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