1585 Highway 56

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1585 Highway 56

Creedmoor, NC 27522
Asking Price
$695K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset listed for sale in Creedmoor, NC.
  • Property is situated at 1585 Highway 56 in Granville County.
  • Asking price for the commercial site is $695,000.
  • Strategic location serves the growing local and regional population.
  • Suitable for commercial development projects like retail or office.

What's Special

This commercial land parcel in Creedmoor, North Carolina, is currently available for sale, presenting an entry point for developers or business owners seeking a presence in a growing region of the state. Positioned at 1585 Highway 56, the site sits within a submarket known for its regional connectivity and steady growth patterns. Given the strategic location along a major thoroughfare, the property accommodates a variety of commercial use cases ranging from retail development to professional office or service-oriented facilities. The parcel provides sufficient scale to support diverse site planning requirements suited for modern business operations. Investors and operators looking to establish a footprint in Granville County will find the location well-positioned to serve the needs of the expanding local population and the surrounding commuters. Proximity to regional infrastructure networks offers accessibility, making this a functional asset for organizations prioritizing geographic reach within the central North Carolina corridor.

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NOI
$80,000
Cap Rate
11.51%
DSCR
1.94
Strong
Cash-on-Cash
18.58%
Monthly Payment
$3,438.481
Annual Cash Flow
$38,738.23

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