Hwy 601 & Madison Rd - Frost Property
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Hwy 601 & Madison Rd - Frost Property
25.16 Acres of Commercial Land Offered at £1,803,375 in Mocksville, NC 27028
Investment Highlights
- Two adjacent parcels.
- PARCEL B ACREAGE: ±15.73.
- Situated in a well-trafficked retail thoroughfare with VPD of approximately 20,000 and 31,000.
- PARCEL A ACREAGE: ±9.43.
- Located just off of I-40 and US Highway 601 at exit 170.
Executive Summary
Vacant land located just off of I-40 and US Highway 601 at exit 170 ideal for restaurant, hotel, or apartment development. Parcel divided by Madison Road with lower lot abutting Lowe’s Home Improvement and upper lot fronting I-40. Situated in a well-trafficked retail thoroughfare with VPD of approximately 20,000 and 31,000. Accessible via Madison Road or US Highway 601. Seller flexible to subdivide.
Property Facts
| Price | £1,803,375 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 25.16 AC |
| Property Type | Land |
| Price | £1,803,375 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 25.16 AC |
1 Lot Available
Lot
| Price | £1,803,375 | Lot Size | 25.16 AC |
| Price Per AC | £71,676 |
| Price | £1,803,375 |
| Price Per AC | £71,676 |
| Lot Size | 25.16 AC |
Vacant land located just off of I-40 and US Highway 601 at exit 170 ideal for restaurant, hotel, or apartment development. Parcel divided by Madison Road with lower lot abutting Lowe’s Home Improvement and upper lot fronting I-40.
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PROPERTY TAXES
| Parcel Number | H4-000-00-096 | Improvements Assessment | £0 |
| Land Assessment | £706,081 | Total Assessment | £706,081 |
PROPERTY TAXES
Parcel Number
H4-000-00-096
Land Assessment
£706,081
Improvements Assessment
£0
Total Assessment
£706,081
zoning
| Zoning Code | HC (Highway Commercial) |
| HC (Highway Commercial) |
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Hwy 601 & Madison Rd - Frost Property
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