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E Highway 64 - Build Apartments, Retail, Office, Warehouse 27 Acres of Commercial Land Offered at $2,750,000 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.

Opportunity Zone Information

CarneyApartmentsPlanCombinedPlan

Aerial

Parcel Map w Measurements

Topography High Points

Topography Layout

Water Service

Zoning i-2-S

FINANCIAL SUMMARY (ACTUAL - 2022)	ANNUAL	ANNUAL PER AC
Taxes	$3,463	$128.26
Operating Expenses	-	-
Total Expenses	$3,463	$128.26

FINANCIAL SUMMARY (ACTUAL - 2022)

Taxes
Annual	$3,463
Annual Per AC	$128.26

Operating Expenses
Annual	-
Annual Per AC	-

Total Expenses
Annual	$3,463
Annual Per AC	$128.26

PROPERTY FACTS

Price	$2,750,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Multifamily Apartment Units Apartment Units - Condo Convenience Store Drugstore Storefront, Retail or Office
Sale Conditions	1031 Exchange Build to Suit Lease Option	Total Lot Size	27.00 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land
Zoning	H-B, I-2-S, Davie R-A - Highway business

Price	$2,750,000
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 Convenience Store Drugstore Storefront, Retail or Office
Total Lot Size	27.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	H-B, I-2-S, Davie R-A - Highway business

1 LOT AVAILABLE

Lot

Price	$2,750,000	Lot Size	27.00 AC
Price Per AC	$101,851.85

Price	$2,750,000
Price Per AC	$101,851.85
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.

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