3097 Nc-24, Biscoe, NC 27209
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.
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.