209 Little Santee Rd, Colfax, NC 27235-9764
This exceptional 13.42-acre parcel presents a compelling investment opportunity in Colfax, North Carolina. Located at 209 Little Santee Rd, the property boasts Heavy Industrial (HI) zoning within Guilford County, allowing for a variety of development possibilities. The asking price is $1,476,200, translating to $110,000 per acre, reflecting the land's significant value. Potential uses include industrial development or industrial outdoor storage, catering to diverse business needs. The site offers convenient access to essential utilities, including water, sanitary sewer (a lift station may be required), electricity, and gas. Furthermore, potential rail access adds to the property's strategic appeal. The 2023 property taxes amounted to $6,212.48. This strategically located land parcel in a rapidly developing area presents a rare chance to acquire a substantial industrial site with considerable upside potential. The expansive acreage and versatile zoning make it an ideal location for various industrial ventures, offering a strong return on investment for the discerning buyer. The property's address is 209 Little Santee Rd, Colfax, NC 27235.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
HI · Colfax, NCColfax. Always verify with local authorities before improvements.
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.