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$ 3,500,000
Est. payment | /mo
13 Acres Lot
$ 3,500,000
Est. payment | /mo
13 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 100576719
Lot Size 13.000 Acres
Acres 13.0
Source Hive MLS
Property Description
Exceptional mixed-use investment and development opportunity positioned directly along the rapidly growing I-42 corridor. Offering over 13 acres across four parcels, this property presents substantial upside with extensive road frontage, strong visibility, and increasing accessibility driven by the ongoing NC DOT widening project.
The property currently consists of a mix of commercial, residential, and agricultural uses, all producing income with annual gross rents just south of $100,000 per year. A detailed rent roll is available in the associated documents. The site includes an auto shop/commercial space, salon-style commercial unit, multiple manufactured homes, and an additional farmhouse residence, creating diversified income streams while allowing for future redevelopment potential.
All structures on the property have been improved since ownership, with the manufactured homes undergoing extensive renovations and updates. Interior photos of all residential units included in the sale are available upon request. The property is professionally managed, and additional financials, leases, and supporting documentation can be provided to qualified buyers upon request.
Rare opportunity to acquire a cash-flowing asset with immediate income, future development potential, and strategic positioning in one of the area's primary growth corridors.
The property currently consists of a mix of commercial, residential, and agricultural uses, all producing income with annual gross rents just south of $100,000 per year. A detailed rent roll is available in the associated documents. The site includes an auto shop/commercial space, salon-style commercial unit, multiple manufactured homes, and an additional farmhouse residence, creating diversified income streams while allowing for future redevelopment potential.
All structures on the property have been improved since ownership, with the manufactured homes undergoing extensive renovations and updates. Interior photos of all residential units included in the sale are available upon request. The property is professionally managed, and additional financials, leases, and supporting documentation can be provided to qualified buyers upon request.
Rare opportunity to acquire a cash-flowing asset with immediate income, future development potential, and strategic positioning in one of the area's primary growth corridors.
Location
State NC
County Wayne
Zoning Residential
Direction Google Maps
Location Details Mainland
Rooms
Basement Unfinished
Exterior
Garage No
Building
New Construction No
Others
Tax ID 3620732392
Special Listing Condition Standard
Listed by The Firm NC
Nearby Locations