528 Fork Rd, Norwood, NC 28128
For Lease
1 / 2
This exceptional 1,280 square foot retail property, situated on a 0.996-acre lot in Norwood, North Carolina, presents a compelling investment opportunity. Located at 528 Fork Rd, 28128, this single-story, 1973-built building boasts a convenient location off Highway 52, near a grocery-anchored center. Previously utilized as a gas station and more recently a fish market, the property offers versatile potential for redevelopment. The existing structure is currently partially occupied by a month-to-month ice vending company lease. Two underground fuel tanks remain on the site. The property is zoned for commercial use and features a convenient location with high visibility. The asking price is $379,000. The APN is 656302759907. This property is ideal for a variety of retail uses, including but not limited to, quick-service restaurants (QSR), convenience stores, or auto shops. Its prime location and flexible zoning make it an attractive prospect for entrepreneurs and investors seeking a high-return opportunity in a thriving North Carolina market. The property's history as a gas station and fish market demonstrates its adaptability to various commercial ventures. The existing lease provides immediate income potential, while the vacant space allows for customization and expansion. This is a rare chance to acquire a well-positioned retail property with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
H-B · Norwood, NCNorwood. Always verify with local authorities before improvements.
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.