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Property profile

14004 Elm St Stanfield, NC 28163

OFF-MARKET
Land
Property ID
US53-1581783

Property summary

AI-generated overview

This exceptional 12.43-acre property in Stanfield, North Carolina, presents a remarkable investment opportunity. Located at the corner of Elm and Big Lick Roads, this land offers high visibility and accessibility. The property includes a 1,790 square foot brick house built in 1948, which is being sold "as is" and carries no value in the asking price; the value lies solely in the land itself. The land will require a survey to be separated from a larger parcel. Public water and sewer lines run adjacent to the property, though connection will necessitate approval from the City of Stanfield and associated tap fees. Three-phase electric service is readily available at the roadside. This location is ideal for a variety of commercial ventures, such as a convenience store or gas station, but would require rezoning for commercial use. The property is situated outside the city limits of Stanfield. Please note that access to the property is strictly by appointment only; there is no signage on-site. A map detailing the acreage to be surveyed is available upon request. This is a prime opportunity for an astute investor seeking a strategically located parcel with significant development potential. The asking price for this exceptional property is $1,250,000.

Property profile

Verified
Property type Land
UPID US53-1581783

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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