Property summary
This exceptional 0.57-acre property presents a unique redevelopment opportunity. Currently zoned HB, the site encompasses a 2,385-square-foot building, formerly used as a car wash, which is currently vacant. The property offers significant upside potential for a variety of uses, including but not limited to restaurants, oil change facilities, or similar businesses. The existing structure could be remodeled to suit a new tenant's needs, or it could be demolished to make way for new construction. A key advantage is the inclusion of a billboard, providing additional long-term income potential for the owner. The property is available for sale at $995,000 or for lease at a monthly rate of $6,000. This is an excellent chance to acquire a strategically located property with substantial redevelopment potential and the added benefit of existing billboard revenue. The 2,385 square feet of vacant space offers flexibility for a variety of commercial ventures. The 0.57-acre lot size provides ample space for development or expansion. This property is an attractive investment for those seeking a high-return opportunity in a desirable location. The HB zoning designation should be verified with the local municipality for specific permitted uses.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
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Car Wash
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of HB zone is primarily intended to accommodate retail service and distributive uses
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
HB · Clemmons, NCThe purpose of HB zone is primarily intended to accommodate retail service and distributive uses
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of HB zone is primarily intended to accommodate retail service and distributive uses
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HB in Clemmons, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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