678 Turnersburg Hwy, Statesville, NC 28625
For Sale
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This exceptional 32-35 acre property in Statesville, NC, presents a remarkable mixed-use development opportunity. Located on Turnersburg Highway, this gently rolling parcel boasts road frontage and convenient access to the planned Jane Sowers Gateway Corridor and future I-77 & Jane Sowers interchange. Its strategic location places it within two miles of Statesville's thriving retail, commercial, and restaurant district, and less than ten minutes from the I-77/I-40 interchange. The property is currently wooded (timber does not convey), features a small stream, and includes a house, shed, and barn, all conveying at no value. Personal property on-site will be removed prior to closing. The asking price is $3,200,000. While currently zoned Iredell County R20, the property is designated "Transitional Commercial" in the Iredell County 2045 Horizon Plan and is part of Statesville's ETJ and their 2045 Land Development Plan. The APN is 4746-75-1073.000. No survey has been completed; acreage is approximate. Information regarding existing septic is unavailable. Buyers are responsible for verifying all information. Documents referencing Iredell County and City of Statesville development plans are available. Additional platted right-of-way access is available from Jane Sowers on Robinhood Loop. This property is ideal for investors seeking significant upside potential in a rapidly growing area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.