Property profile

34862 Us Highway 264 Engelhard, NC 27824

OFF-MARKET
Commercial real estate
Property ID
US53-4501077
0.91 ac lot Built 1955
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Property summary

AI-generated overview

This exceptional 0.91-acre commercial lot is strategically located at 34862 US Highway 264 in Engelhard, North Carolina. Its prime location offers excellent visibility and accessibility, making it an attractive opportunity for a variety of commercial ventures. The property's size provides ample space for development, allowing for flexibility in design and construction. The address, 34862 US Highway 264, ensures high traffic volume, providing significant exposure to potential customers. This presents a unique chance to establish a business in a thriving area with strong potential for growth. The property is classified as "Other" in terms of property type, offering a blank canvas for creative development ideas. The asking price is $190,000, representing a compelling investment opportunity in a desirable location. Given its size and location, this property is well-suited for a range of commercial uses, from retail to light industrial. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The absence of existing structures allows for complete customization to meet specific business needs. This presents a rare opportunity to build a business from the ground up in a high-traffic area of Engelhard, NC. The property's potential is limited only by the imagination of the developer.

Property profile

Verified
Property type Commercial real estate
Year built 1955
Lot 0.91 ac (39,640 SF)
UPID US53-4501077

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

34862 Us Highway 264 Engelhard, NC 27824
Engelhard metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

3 recent transactions · within 1.5 mi
Comparable in this city
3 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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