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Property profile & analytics
OFF-MARKET
Neighborhood centers

1418 Dixie Dr Asheboro, NC 27203

8,100 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity in Asheboro, NC, presents a fully vacant 8,100 square foot strip center situated on a 1.07-acre lot. Located at 1418 East Dixie Drive, this property boasts high visibility and accessibility, positioned just one mile east of I-74, offering convenient access for customers. The center is strategically located in front of a thriving shopping center anchored by Hobby Lobby and Marshalls, ensuring high traffic and exposure. The building is zoned for commercial use and offers multiple tenancy options, with four suites available. Individual suites range from a minimum of 1,600 square feet to a maximum contiguous space of 2,500 square feet, providing flexibility for various business needs. This is a new build, offering a modern and efficient space for retail businesses seeking a prime location in a high-traffic area. The property's location in Randolph County, NC, and its proximity to major roadways make it an ideal choice for businesses seeking strong visibility and convenient access for customers. The entire 8,100 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual suites. This property offers a compelling investment opportunity in a rapidly growing market. The address is 1418 East Dixie Drive, Asheboro, NC 27203.

Property profile
Verified
Property type Neighborhood centers
Total area 8,100 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
Current use
Occupant on record · Public records
  • Rack Room Shoes Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Marshalls Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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