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    FOR SALE
    Commercial real estate

    2602 Nc 41 Hwy, Chinquapin, NC 28521

    5,800 SF 12.74 ac lot Built 1890
    Individually Owned
    Property ID
    US53-5276494
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 2602 NC 41 in Chinquapin, North Carolina, presents a significant investment opportunity. The property encompasses a substantial 12.74 acres of land, providing ample space for expansion, development, or outdoor operations. The existing building offers a generous 5,800 square feet of usable space, adaptable to a wide range of commercial ventures. Its versatile layout allows for customization to suit specific business needs. The property's strategic location along NC 41 ensures high visibility and convenient access for customers and employees. Given its size and location, this property is well-suited for businesses requiring significant space and prominent road frontage. The asking price of $129,900 represents exceptional value for a property of this scale and potential in the thriving Chinquapin market. This is a rare opportunity to acquire a substantial commercial property in a desirable location, offering significant potential for growth and return on investment. Serious inquiries are encouraged to explore the possibilities this property presents. The property is ready for immediate occupancy, allowing for a swift transition to begin operations. Don't miss this chance to secure a prime commercial asset in a growing area.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1890
    Total area 5,800 SF
    Lot 12.74 ac (554,954 SF)
    UPID US53-5276494
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Justin Mcgrew
    Justin Mcgrew
    since 2025
    3 recorded transactions
    2025
    $87,500
    2023
    $15,000
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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