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    FOR SALE
    Retail properties & Spaces

    3023 Wilkesboro Hwy, Statesville, NC 28625

    1 ac lot Built 1964
    Property ID
    US53-0635553
    Property summary
    AI-generated overview

    This exceptional one-acre commercial lot presents a remarkable investment opportunity on heavily trafficked Highway 115, just north of Statesville, NC. Zoned NB with a 2030 Horizon Plan designating it as Rural Commercial, this property boasts prime visibility and accessibility. Situated next to a thriving gas station and conveniently located near the Trinity Fire Department, it benefits from consistent traffic flow from commuters traveling north and south. The property is within the Central School and North Iredell School districts, offering a desirable location for various businesses. While an older building is present and requires renovation or demolition, the lot is partially cleared and features a gentle slope towards the rear. Existing infrastructure includes a septic system, and county water is readily available, simplifying development. This location is particularly attractive due to its position on a popular route connecting Statesville to Wilkesboro and North Wilkesboro, ensuring high daily traffic volume. An adjacent lot is also available for purchase, presenting an opportunity to expand the property footprint. This is an ideal location to establish a thriving business and capitalize on the high volume of passing traffic.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1964
    Lot 1 ac (43,560 SF)
    UPID US53-0635553
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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