500 Us Highway 1 Norlina, NC 27563
This exceptional commercial land parcel, located at 500 US Highway 1 in Norlina, North Carolina, presents a unique opportunity for entrepreneurs and investors. Priced at $65,000, this property offers significant potential for a variety of commercial ventures. The existing cement block building features a main area, an office space, and a bathroom, providing a solid foundation for immediate development. The building's adaptable layout lends itself to diverse uses, including a grill/restaurant, catering facility, car detailing business, hair salon, or nail spa. The possibilities are numerous, allowing for creative adaptation to suit your specific business needs. The property boasts a convenient paved parking lot, ensuring ample space for customers and employees. Its prime location in downtown Norlina, situated directly on the main street (US Highway 1), guarantees high visibility and accessibility, maximizing exposure to potential clientele. This is a rare chance to establish a thriving business in a desirable location within a vibrant community. The property's zip code is 27563, and its coordinates are 36.4460283 latitude and -78.1947154 longitude. The county is Warren County. The land itself has no listed square footage or units. Don't miss this chance to bring your vision to life in this thriving North Carolina town.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.