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Property profile & analytics
OFF-MARKET
Commercial real estate

11847 Nc Highway 210 Benson, NC 27504

51 ac lot
Property ID
US53-2696398
Property summary
AI-generated overview

This exceptional 51-acre commercial land parcel in Benson, North Carolina, presents a unique investment opportunity. Strategically located near the I-40/Hwy 210 interchange in Johnston County, this property boasts significant road frontage and is zoned IHI, allowing for a variety of commercial uses. The site includes access to water and sewer utilities. The property is divided into multiple tracts, offering flexibility for various development scenarios. One tract encompasses approximately 2.11 acres, ideally suited for smaller commercial ventures, with existing infrastructure including a curb cut and traffic light, and the potential for expansion up to 13 acres. Another significant tract of 7+ acres is adjacent to the merged lane on the eastbound I-40, making it an excellent location for a hotel or similar large-scale development. Additional tracts of varying sizes, ranging from approximately 3 acres to over 20 acres, are also available. These offer opportunities for strip centers, restaurants, and other commercial uses, with several tracts benefiting from proximity to established businesses such as McDonald's, Hardee's, and a Waffle House. The larger 20+ acre tract, situated at a prominent corner, presents an ideal location for a grocery-anchored development, with planned road improvements and utility extensions enhancing its appeal. The area is experiencing rapid growth, with numerous residential developments underway, further bolstering the long-term potential of this investment. The North Carolina Department of Transportation has plans to widen Hwy 210, promising increased visibility and accessibility for future developments. This property offers a compelling combination of location, zoning, and infrastructure, making it an attractive proposition for discerning investors seeking high-growth potential in a thriving commercial market. The asking price for the entire 51-acre parcel is $200,000.

Property profile
Verified
Property type Commercial real estate
Lot 51 ac (2,221,560 SF)
UPID US53-2696398
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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