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Property profile & analytics
OFF-MARKET Estimated value $280,000
Industrial properties

2921 Us Hwy 220 Madison, NC 27025

13.43 ac lot
Individually Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US53-1534233
Property summary
AI-generated overview

This exceptional 13.43-acre commercial land parcel presents a unique investment opportunity in Randolph County, North Carolina. Located at 2921 US Highway 220 in Randleman, NC, 27025, this property boasts significant highway frontage, ensuring high visibility and accessibility for any commercial venture. The zoning designation is HC, offering flexibility for a variety of commercial uses. The single-tenant nature of the land provides a clean slate for development, allowing for customized construction to meet specific business needs. The expansive lot size provides ample space for building construction, ample parking, and potential future expansion. This property is ideally situated for businesses seeking high traffic exposure along a major thoroughfare. Its location in Randolph County offers access to a growing community and a strong local economy. The property is available for lease, making it an attractive option for businesses looking to establish a presence in a strategic location with significant development potential. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. The property's coordinates are 36.32657 latitude and -79.9446056 longitude.

Property profile
Verified
Property type Industrial properties
Use group LUMBERYARD, BUILDING MATERIALS
Lot 13.43 ac (585,011 SF)
Zoning code HWY COMM COUNTY
APN 7923-01-19-6046-00
UPID US53-1534233
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
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k
Owner & transaction history
William A Clayton · 9 yrs held
William A Clayton
since 2017
1 recorded transaction
2017
$131,808
Zoning & alternative use
HWY COMM COUNTY · Madison, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source ZONING ORDINANCE
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