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    OFF-MARKET
    Land

    9999 Sugar Hill Rd, Marion, NC 28752

    1.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1.5-acre commercial lot in Marion, NC (APN 1700-09-06-2097), is zoned C-2 and ideally situated on Sugar Hill Road and Mill Road, offering excellent visibility and accessibility. The property is level and site-ready for immediate development, with a portion already filled to create a buildable parcel. Its strategic location across from Bojangles and adjacent to new Popeye's and Backyard Burgers restaurants ensures high traffic counts exceeding 18,000 vehicles daily. This prime location benefits from proximity to I-40 (less than a mile away, with a new upgrade ramp under construction to handle increased traffic), Walmart, a strip mall, Marion Hospital, supermarkets, and pharmacies (all within a half-mile radius). The property's Mill Road frontage provides convenient access for businesses, making it suitable for various commercial uses, including but not limited to motels, fast-food chains, or businesses catering to a wide range of applications. The asking price is $790,000. This rapidly developing area presents a unique opportunity for investors seeking high-traffic commercial land in a thriving location. The property is ready for subdivision into smaller lots or development as a single large parcel.

    Property profile
    Verified
    Property type Land
    Lot 1.5 ac (65,340 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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