108 Wright Rd, Biscoe, NC 27209
This exceptional 6.11-acre commercial lot presents a truly unparalleled investment opportunity in the heart of Biscoe, NC. Situated directly across the highway from a Walmart Supercenter and numerous other shopping and dining establishments, this property boasts exceptional visibility and accessibility, guaranteeing high traffic flow. Its strategic location within Montgomery County's commercial hub ensures maximum exposure to a large and consistent customer base. The property has recently undergone zoning changes, now officially designated for commercial use, eliminating any uncertainty regarding permitted development. This opens the door to a wide range of potential uses, from retail spaces and restaurants to office buildings and other commercial ventures. The substantial lot size provides ample space for large-scale development or the construction of multiple buildings. The high-traffic location, combined with the recent zoning update, makes this a rare and highly desirable opportunity for investors seeking a prime commercial property in a thriving area. Don't miss this chance to secure a piece of Biscoe's vibrant commercial landscape. The asking price is $1,100,000. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.