Property profile

1515 Yadkinville Rd Mocksville, NC 27028

FOR LEASE
Grocery and convenience stores
Property ID
US53-1581271
3,750 SF 1.08 ac lot Built 1971
Individually Owned 7-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1.06-acre site presents a prime redevelopment opportunity in Davie County. Ideally situated less than a mile from major retail anchors like Walmart and Lowe's Home Improvement, this Highway Commercial (HC) zoned property boasts unparalleled visibility and accessibility. The site is currently available for ground lease or build-to-suit arrangements, offering flexibility for a variety of development plans. Potential uses include a gas station/convenience store, quick-service restaurant (QSR), or medical office building, aligning perfectly with the existing zoning and high-traffic location. The annual lease rate is $130,000 per year, NNN. This is a unique chance to capitalize on a high-demand location with significant growth potential. Existing tenants are not to be disturbed. The property's strategic placement ensures strong visibility and convenient access for customers and employees. This is an exceptional opportunity for investors and developers seeking a high-return investment in a thriving commercial area. The 1.06 acres provide ample space for a substantial development project. Don't miss this chance to acquire a premier commercial property in a rapidly growing market.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,750 SF
Lot 1.08 ac (47,045 SF)
Zoning code HC
APN H400000097
UPID US53-1581271

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Dealership
  • Atm
  • Auto Repair Shop

Location

1515 Yadkinville Rd Mocksville, NC 27028
Mocksville metro Census 80600 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2019
3 recorded transactions
2019
$980,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

HC · Mocksville, NC
Zoning description

HC & HC-CD Highway Commercial Commercial CB & CB-CD Campus Business Commercial SP & SP-CD Special Purpose Commercial GI & GI-CD General Industrial Industrial FP Floodplain Environmental WS-O Watershed Overlay Environment…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message