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Property profile & analytics
OFF-MARKET
Land

340 Carl Foushee Rd Moncure, NC 27559

20.25 ac lot
Property ID
US53-1838422
Property summary
AI-generated overview

This exceptional 20.25-acre commercial land parcel, located at 340 Carl Foushee Road in Moncure, North Carolina, presents a unique investment opportunity. The property boasts a private setting on a gravel road, offering seclusion while maintaining convenient access to major transportation routes. Situated just three miles north of US Highway 1, it provides easy commutes to several thriving towns including Pittsboro, Sanford, Apex, Holly Springs, and Chapel Hill. A significant advantage is its proximity to the 2,150-acre Triangle Innovation Point (TIP), formerly known as the Moncure mega-site. This rapidly developing area is home to the new VinFast facility, a major producer of electric vehicles and batteries, signifying substantial future growth potential. The asking price for this expansive lot is $567,000. While an existing trailer is present on the property, it has no assessed value

Property profile
Verified
Property type Land
Lot 20.25 ac (882,090 SF)
UPID US53-1838422
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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CAP Approach CAP
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Comparable Approach Comparable
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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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