Property profile

3097 Nc-24 Biscoe, NC 27209

OFF-MARKET
Land
210 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 210 ac (9,147,600 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3097 Nc-24 Biscoe, NC 27209
Biscoe metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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