Property profile

7782 Ferrin Rd Browns Summit, NC 27214

FOR SALE
Land
Property ID
US53-0981761
399 ac lot
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7782 Ferrin Rd, Browns Summit, NC 27214 For Sale
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7782 Ferrin Rd, Browns Summit, NC 27214
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Property summary

AI-generated overview

This exceptional 399+/- acre agricultural property in Browns Summit, Guilford County, North Carolina (zip code 27214), presents a unique investment opportunity. Located at 7782 Ferrin Rd, this land boasts over 1.4 miles of railroad frontage and is less than a mile from Highway 29, a designated future I-785 corridor. The City of Greensboro is aware of this offering and has preliminary plans for extending city water and sewer lines to the site, facilitating commercial development. Significant interest in commercial development has already been expressed. Currently used for cropland and featuring mature forestry, the property offers diverse features including a pond and stream. The land is characterized by multiple zones, level terrain, partially cleared and wooded areas, and pastureland. Total road frontage measures 2654 feet, accessed via a paved, two-lane road and easement. Utilities currently consist of Duke Power electricity

Property profile

Verified
Property type Land
Lot 399 ac (17,380,440 SF)
UPID US53-0981761

Cap rate & NOI

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

Location

7782 Ferrin Rd Browns Summit, NC 27214
Browns Summit metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

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