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    OFF-MARKET
    Commercial real estate

    108 Wright Rd, Biscoe, NC 27209

    6.11 ac lot Built 1947
    Property ID
    US53-4172028
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1947
    Lot 6.11 ac (266,152 SF)
    UPID US53-4172028
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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