Property profile

109 And Virginia Dr Thomasville, NC 27360

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in Thomasville, North Carolina. Strategically positioned at the high-traffic intersection of Liberty Drive, NC Highway 109, and Virginia Drive, this property boasts unparalleled visibility and accessibility. Its location directly benefits from the high traffic counts characteristic of this corner, further enhanced by its proximity to the I-85 exit ramp at NC Highway 109. The property's prime location places it directly across the street from established businesses such as Dairio's and Sheetz, and just one block from a Walmart. This ensures high foot traffic and significant brand exposure for any future development. The property is zoned for residential use, offering flexibility for a variety of commercial projects. An adjacent parcel is available for purchase, potentially expanding the total acreage to approximately 2 acres, providing even greater development potential. The asking price for this exceptional property is $525,000. This represents a unique chance to acquire a highly visible and strategically located commercial lot in a thriving area. Don't miss this opportunity to secure a prime piece of Thomasville real estate. The property is located in Davidson County, NC, zip code 27360.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

109 And Virginia Dr Thomasville, NC 27360
Thomasville 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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