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Property profile

8 Sheraton Dr Roanoke Rpd Roanoke Rapids, NC 27870

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1.55-acre commercial land parcel presents a remarkable investment opportunity in Roanoke Rapids, North Carolina. Strategically located on Lot 8 Sheraton Drive, this property boasts unparalleled visibility due to its frontage along a service road directly facing Interstate 95, a major transportation artery. The high traffic volume of I-95 ensures significant exposure for any commercial development on this site. Situated in Halifax County, zip code 27870, the lot's precise coordinates are 36.40397033804234 latitude and -77.64441345834389 longitude. The asking price for this prime commercial land is $810,000. This property is classified as commercial land and is ready for immediate development, offering significant potential for a variety of commercial uses. Its location provides easy access to the interstate, making it an attractive location for businesses seeking high visibility and convenient access for customers and employees. The property's size and location make it an excellent choice for businesses seeking to establish a strong presence in the Roanoke Rapids area. Don't miss this chance to acquire a highly visible and strategically located commercial lot.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

8 Sheraton Dr Roanoke Rpd Roanoke Rapids, NC 27870
Roanoke Rapids metro
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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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