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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1424 Sierra Trace Rd, Denton, NC 27239

    5.2 ac lot
    Trust Owned 1-yr Hold
    Property ID
    US53-1755557
    Property summary
    AI-generated overview

    This exceptional 5.2-acre commercial lot is situated in the prestigious, gated lakefront community of The Springs at High Rock Lake, the second largest lake in North Carolina. Boasting breathtaking long-range mountain views and level topography, this property presents an ideal homesite for a custom build. The lot's location within The Springs offers unparalleled access to a wealth of amenities, including a clubhouse, swimming pool, hot tub, tennis and pickleball courts, and scenic walking trails, all overlooking the stunning lake. Additional community features enhance the lifestyle, providing boat and RV storage, a community boat ramp, day boat slips, underground utilities, streetlights, and security. This remarkable property offers a unique blend of serenity and convenience, creating a truly exceptional opportunity. The asking price for this remarkable property is $84,900. The property is located at 1424 Sierra Trace Rd, Denton, NC 27239, in Davidson County.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5.2 ac (226,512 SF)
    UPID US53-1755557
    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
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    The Palmeri Living Trust · 1 yrs held
    The Palmeri Living Trust
    since 2024
    1 recorded transaction
    2024
    $75,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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