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    3097 Nc-24 Biscoe, NC 27209

    • Land
    • 210.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3097 Nc-24

    Lot size
    210.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 210-acre industrial land parcel in Biscoe, North Carolina, presents a unique development opportunity. Located in Montgomery County, near the intersection of NC-24 and NC-27, this site boasts General Industrial zoning and is ideally suited for automotive and battery-related projects. The property features existing water, sewer, and electric utilities, eliminating significant upfront infrastructure costs. With 396 existing parking spaces, the site is ready for immediate development. The planned expansion of Highway 24-27 to four lanes will further enhance accessibility and logistics. This location offers strategic proximity to major automotive manufacturing hubs and the Aberdeen Carolina & Western Railway transload yard in Candor, providing efficient transportation options. The site benefits from a competitive incentives package offered by Montgomery County, making it an even more attractive investment. Furthermore, the potential for future industrial growth is significant, with an additional 2,755 acres slated for development in the surrounding area. This presents a rare opportunity to secure a substantial land holding in a rapidly expanding industrial corridor. The property's size, infrastructure, and strategic location make it an ideal choice for large-scale industrial development. Contact us today to discuss this exceptional opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Biscoe
    County
    Montgomery
    State
    North Carolina
    Longitude
    -79.7565
    Latitude
    35.3606

    Comparable in this City

    • Value Estimation by Request
      2.58 Acres

      Nc Hwy 51st E

      INDUSTRIAL (GENERAL) • 2.58 Acres
      Nc Hwy 51st E, Biscoe, NC 27209
      View Details
    • Value Estimation by Request
      1.11 Acres

      Nc Hwy 51st E

      INDUSTRIAL (GENERAL) • 1.11 Acres
      Nc Hwy 51st E, Biscoe, NC 27209
      View Details
    • Value Estimation by Request
      77,511 SF

      157 Atc Dr

      INDUSTRIAL (GENERAL) • 77,511 SF
      157 Atc Dr, Biscoe, NC 27209-9669
      View Details
    • Value Estimation
      $5,180,000
      1.49 Acres

      Mccaskill St

      INDUSTRIAL (GENERAL) • 1.49 Acres
      Mccaskill St, Biscoe, NC 27209
      View Details
    • Value Estimation by Request
      5,000 SF

      138 Coggins Rd

      LUMBERYARD, BUILDING MATERIALS • 5,000 SF
      138 Coggins Rd, Biscoe, NC 27209-9699
      View Details
    • Value Estimation
      $5,430,000
      13,624 SF

      307 Wright Rd

      INDUSTRIAL (GENERAL) • 13,624 SF
      307 Wright Rd, Biscoe, NC 27209-8095
      View Details

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    3097 Nc-24
    Biscoe, NC 27209
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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