1461 S Main St Randleman, NC 27317
This exceptional 2.46-acre commercial property, located at 1461 S Main Street in Randleman, NC, presents a unique investment opportunity. Zoned B-2, this parcel boasts over 530 feet of road frontage, ensuring maximum visibility and accessibility for any commercial venture. The land has been recently cleared and graded, significantly reducing development costs and expediting the construction process. The site previously housed a home, with existing well and septic systems in place, offering potential flexibility for future development. City water and sewer connections are readily available across the street, with approvals already secured for hook-up. The flat topography of the lot simplifies construction and maximizes usable space. A significant advantage is the property's adjacency to a parcel already approved for multi-family development, creating a built-in customer base and potential for synergistic ventures. This prime location in Randleman's opportunity zone offers substantial potential for growth and return on investment. The property's size, location, and existing infrastructure make it an ideal site for a variety of retail businesses seeking high visibility and convenient access. This is a rare opportunity to acquire a ready-to-develop commercial lot in a thriving area. The asking price is $375,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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.