Property summary
This exceptional 7-acre commercial development site in Lowell, North Carolina, presents a lucrative investment opportunity. Located at 407 S Main St, this property boasts convenient access to Interstate 85 via Exit 22, and is also minutes from Highway 74, ensuring high visibility and accessibility. The land is comprised of seventeen tax parcels, offering flexibility for various development plans. The primary use is envisioned as commercial development, capitalizing on the strategic location and high traffic volume. A secondary use, such as a hotel, motel, or retail center, is also considered viable given the area's needs and potential. The asking price is $2,478,000, translating to $300,000 per acre, reflecting the significant value and potential return on investment. This property's prime location and substantial acreage make it an ideal choice for developers seeking a high-impact project in a rapidly growing area. The site's proximity to major transportation arteries ensures easy access for both employees and customers, maximizing its commercial potential. Serious inquiries are encouraged to explore the possibilities of this exceptional development opportunity. The property is zoned for commercial use and offers significant potential for future growth and development.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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