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E Highway 64 - Build Apartments, Retail, Office, Warehouse 27 Acres of Commercial Land Offered at $3,838,780 CAD in Mocksville, NC 27028

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INVESTMENT HIGHLIGHTS

  • Great General Business Park
  • Custom Built to Client Spec apartmènts
  • Need fast food retail exceptional opportunity
  • Retail on Hwy 64
  • Dollar General opening June as 1st retailer
  • Need clinics, hair and nail salons

EXECUTIVE SUMMARY

Mays Commercial Brokerage is proud to present 37.65 Acres in an opportunity zone. The main
parcel can be broken up into 15 individual parcels and purchased separately. All property
adjoining Hwy 64 is zoned H-B. Just closed first Hwy Business Parcel for a Dollar General
Store. The owner has plans to build (2) 10,000 SF Office / Retail Custom Class A Buildings
with great visibility from Hwy 64. These will be adjacent to the new Dollar General. (See
attached site plan)
? The total parcel contains 37.56 Acres
? Tax Status = OPPORTUNITY ZONE
? Zoned - Davie County (NC) R-A, H-B, I-2-S
? Utilities - Electrical & Water Service are in place.
? Location - Davie County, NC, a Tier One County. Perfect location between Interstate 40
and Interstate 85.
This is a great location for a Fast Food company to service a food desert in this growing area.
The area also needs a hardware store, beauty salon, barber shop, insurance company, along with
retail shops and offices for family businesses.
Behind the retail area would be ideal for apartments, condos, or Industrial / Distribution Center.
This is a great opportunity for any investor to own new apartments in an opportunity zone or
join with other investors in creating an apartment complex.
Davie Construction will build to suit.
Price is estimated based on build out of apartments.

FINANCIAL SUMMARY (ACTUAL - 2022)

ANNUAL (CAD) ANNUAL PER AC (CAD)
Taxes $4,834 $179.04
Operating Expenses - -
Total Expenses $4,834 $179.04

FINANCIAL SUMMARY (ACTUAL - 2022)

Taxes (CAD)
Annual $4,834
Annual Per AC $179.04
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $4,834
Annual Per AC $179.04

PROPERTY FACTS

Price $3,838,780 CAD
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Tienda de conveniencia
  • Drugstore
  • Storefront, Retail or Office
Total Lot Size 27.00 AC
Opportunity Zone Yes
Zoning H-B, I-2-S, Davie R-A - Highway business

1 LOT AVAILABLE

Lot

Price $3,838,780 CAD
Price Per AC $142,177.04 CAD
Lot Size 27.00 AC

OPPORTUNITY ZONE – 37.56 Acre parcel Zoned Davie County (NC) R-A, H-B, I-2-S. The owner will develop new rental property apartments in 4 unit buildings for purchase for the small to large investor. Roll 1031 into Opportunity Zone Benefits. Price est

DESCRIPTION

Property is located conveniently in Davie County, NC and is in an Opportunity Zone for your tax savings. Perfect location between Interstate 40 and Interstate 85. Hwy 64 growing business to Asheboro. Beautiful NC Area. Mays Commercial Brokerage is proud to present 37.65 Acres in an opportunity zone. The main parcel can be broken up into 15 individual parcels and purchased separately. All property adjoining Hwy 64 is zoned H-B. Just closed first Hwy Business Parcel for a Dollar General Store. The owner has plans to build (2) 10,000 SF Office / Retail Custom Class A Buildings with great visibility from Hwy 64. These will be adjacent to the new Dollar General. (See attached site plan) ? The total parcel contains 37.56 Acres ? Tax Status = OPPORTUNITY ZONE ? Zoned - Davie County (NC) R-A, H-B, I-2-S ? Utilities - Electrical & Water Service are in place. ? Location - Davie County, NC, a Tier One County. Perfect location between Interstate 40 and Interstate 85. This is a great location for a Fast Food company to service a food desert in this growing area. The area also needs a hardware store, beauty salon, barber shop, insurance company, along with retail shops and offices for family businesses. Behind the retail area would be ideal for apartments, condos, or Industrial / Distribution Center. This is a great opportunity for any investor to own new apartments in an opportunity zone or join with other investors in creating an apartment complex. Davie Construction will build to suit. Price is estimated based on build out of apartments.

  • Listing ID: 17169351

  • Date on Market: 2019-09-11

  • Last Updated:

  • Address: E Highway 64, Mocksville, NC 27028

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