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Property summary
This exceptional 3.1-acre commercial land parcel presents a unique investment opportunity in Princeton, North Carolina. Strategically located on the highly trafficked US Highway 70 East, this property boasts an impressive Average Annual Daily Traffic (AADT) of 26,000 vehicles, ensuring high visibility and accessibility. The site features a substantial paved pad accommodating a pre-existing 30x25 metal building, perfect for immediate use or redevelopment. A large fenced yard provides ample… secure space, complemented by an additional expansive side yard ideal for equipment storage or expansion. Existing utilities include water and electric connections. While a non-habitable brick house is present on the property, its condition is not suitable for habitation. The property is zoned C3, offering a wide range of potential commercial uses. This location offers unparalleled exposure and convenience, making it an ideal site for a variety of businesses seeking a high-traffic location in a growing community. The property's existing infrastructure and ample space provide a solid foundation for immediate occupancy or future development, presenting a compelling opportunity for investors and entrepreneurs alike. The parcel's location on US-70 ensures easy access for customers and employees, while the C3 zoning provides flexibility for a diverse range of commercial ventures. The combination of high traffic, existing infrastructure, and flexible zoning makes this a truly exceptional commercial property. The property's Assessor's Parcel Number (APN) is 04Q08012H.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 10 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,960 SF
- Lot area
- 3.08 ac
- Year built
- 1956
- Stories
- 1
- APN
- 04Q08012H
- Zoning
- COW
- Assessed value · 2024
- $246,590
- Annual tax · 2024
- $1,997
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2024
- $1,997
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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