Property profile

175 Triplett Rd Cleveland, NC 27013

OFF-MARKET
Commercial real estate
Property ID
US53-0040163
11.85 ac lot Built 1959
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Property summary

AI-generated overview

This exceptional 11.85-acre property in Cleveland, North Carolina, presents a remarkable investment opportunity. Situated on five parcels, this expansive land boasts over 800 feet of road frontage on Highway 70, providing excellent visibility and accessibility. The property is zoned GB, offering a flexible range of commercial possibilities while maintaining the option for residential use. Currently on the land is a charming 1,360 square foot brick house, constructed in 1959, which could be renovated into a comfortable home or repurposed as office space. A single-wide mobile home provides additional living or storage space. Both the house and mobile home are serviced by a well and septic system. The absence of a homeowner's association (HOA) and city taxes further enhances the appeal of this property. Its tranquil location in Cleveland, NC, combined with its proximity to Statesville and Interstate 77, makes it an ideal location for a variety of ventures. Whether you envision a peaceful residential retreat, a thriving commercial enterprise, or a blend of both, this property offers the space and flexibility to realize your vision. The significant road frontage and versatile zoning make this an exceptional opportunity for investors and entrepreneurs alike.

Property profile

Verified
Property type Commercial real estate
Year built 1959
Lot 11.85 ac (516,186 SF)
UPID US53-0040163

Cap rate & NOI

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

Location

175 Triplett Rd Cleveland, NC 27013
Cleveland metro
Google Maps

Value estimations

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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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