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Investment Highlights
- ±1.14 AC for development in the main retail corridor of Lenoir, NC Surrounded by national retailers including Walmart, Planet Fitness, Longhorn
- Priced to sell; owner will also ground lease or BTS
- ±30,000 VPD on US 321
Executive Summary
SVN Palmetto is pleased to present the opportunity to purchase ±1.14 AC for retail development along US 321 in Lenoir, NC. The parcel is located across the street from North Hill Plaza featuring Planet Fitness and Dunham Sports. Other nearby retailers include Walmart, Bo's Family Entertainment, Tractor Supply, Starbucks, and Longhorn Steakhouse and many others. US 321 sees approximately 30,000 vehicles per day making this an ideal opportunity for a QSR, bank, or other retail development.
Property Facts
| Price | $525,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.14 AC |
| Price | $525,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.14 AC |
1 Lot Available
Lot
| Price | $525,000 | Lot Size | 1 SF |
| Price Per SF | $524,014.85 |
| Price | $525,000 |
| Price Per SF | $524,014.85 |
| Lot Size | 1 SF |
1 1
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $239,200 | |
| Land Assessment | $160,500 | Total Assessment | $399,700 |
Property Taxes
Parcel Numbers
Land Assessment
$160,500
Improvements Assessment
$239,200
Total Assessment
$399,700
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Presented by
Lot 1 Blowing Rock Blvd
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