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    Property profile & analytics

    321 Plaza Rd Laurinburg, NC 28352

    • Commercial real estate
    • 11,910 SF
    • 5.00 lot acres
    For Sale
    View listing
    $900,000
    Value Estimation
    Last Sale
    May 09, 2022
    $600,000
    Location Intelligence
    Property ID
    US53-2491581
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Family Fitness Center / Physical Fitness Program
    • Stoney Creek Apartments / Apartment Complex

    Property Details for 321 Plaza Rd

    Year built
    1990
    Construction
    TYPE NOT SPECIFIED
    Lot size
    5.00 lot acres
    Property size
    11,910 SF
    Zone code
    GB
    Property type
    Commercial real estate
    APN
    010017 03010
    APU
    1001703010

    Description

    This exceptional 5-acre commercial land parcel in Laurinburg, North Carolina, presents a remarkable investment opportunity. Located at 321 Plaza Road, the property boasts highly flexible General Business (GB) zoning, allowing for a diverse range of uses including childcare centers, manufacturing facilities, offices, retail spaces, medical practices, automotive businesses, hotels, and outdoor storage. The site benefits from significant frontage on I-74, placing it strategically between two major commercial corridors with convenient interchanges. High traffic counts are a key advantage, with approximately 20,500 vehicles daily on I-74, 15,000 on McColl Road/US Hwy 15, and 14,500 on S Main St/US Hwy 401. An existing 11,900 square foot building is situated on the property. The property's APN is 01001703010. This prime location and versatile zoning make it ideal for a variety of commercial ventures. Asking price is $900,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $605,000

    • CAP approach

      CAP return
      Estimation
      6%
      $625,000
      6.5%
      $525,000
      7%
      $605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $590,000
      Geo Method
      $575,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $690,000
      Mixed-Use
      $530,000
      Hospitality
      $520,000
      Educational
      $505,000
      Residential Income
      $565,000
      Energy
      $675,000
      Income-Based Land
      $535,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Laurinburg
    County
    Scotland
    State
    North Carolina
    Longitude
    -79.4787
    Latitude
    34.7582
    CBSA code
    29900
    CBSA name
    LAURINBURG, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $406,250
    $263,730
    $669,980
    -
    $0.00
    $0.00
    $669,980

    Comparable in this City

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      Caledonia Rd

      COMMERCIAL (GENERAL) • 1,050 SF
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      445 Church St

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      501 Church St

      COMMERCIAL (GENERAL) • 2,774 SF
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      2,400 SF

      106 Johns Rd

      COMMERCIAL (GENERAL) • 2,400 SF
      106 Johns Rd, Laurinburg, NC 28352-4733
      View Details

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    • $900,000
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      Prime Laurinburg Commercial Land

      5 Acres, I-74 Frontage, High Traffic
      321 Plaza Rd, Laurinburg, NC 28352
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    Similar Nearby for Lease

    • $1.00 SF/Yr

      Laurinburg Land for Lease

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      Laurinburg Retail Opportunity For Lease

      Former Golden Corral parcel available for lease in Laurinburg.
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    • $12 SF/Yr
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      Laurinburg Commercial Land I-74 Frontage

      5 acres of commercial land for sale or lease.
      321 Plaza Rd, Laurinburg, NC 28352
      View Details
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    Laurinburg, NC 28352
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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