0 Old Mountain Rd Statesville, NC 28677
This exceptional 0.988-acre commercial land parcel in Statesville, North Carolina, presents a unique investment opportunity. Located on Old Mountain Road in Iredell County (APN: 4722374634.000), this property boasts General Business zoning, allowing for a wide range of commercial uses permitted within Iredell County's GB zoning regulations. The site enjoys a highly visible location at a signaled intersection with approximately 8,000 vehicles passing daily, ensuring excellent exposure for any business. Its central location between Troutman and Statesville offers easy access to a substantial customer base. Furthermore, the property benefits from its proximity to major transportation arteries, including Highway 70, Interstate 40 (approximately 4 miles away), and Interstate 77 (approximately 6 miles away). The Statesville Regional Airport is only 3 miles distant, adding to the property's logistical advantages. This rare General Business zoned land is offered at an attractive asking price of $225,000 and is well-suited for various commercial ventures, including warehouse, storage, or other investment opportunities. Don't miss this chance to acquire a strategically located and versatile commercial property in a thriving area.
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
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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.