1400 North US Hwy 1

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1400 North US Hwy 1

Rockingham, NC 28379
Asking Price
$5.37M
Asset Type
Residential Land
Class
Class B

What's Special

Land | 357.7 acres <ul><li>​±357.7 acres available for sale</li><li>​PARCEL #: 749404814011</li><li>​Richmond County Zoning: Rural Residential/Highway Commercial</li><li>​Strategic location along US 1 midway between Downtown Rockingham and Rockingham Speedway</li><li>​±0.68 miles of frontage along US 1</li><li>​County water adjacent to the site - 8" water line on US 1, 12" water line on Fox Road</li><li>​Approximately 19 minutes (12 miles) from the $10B Amazon data center project</li></ul>

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NOI
$80,000
Cap Rate
1.49%
DSCR
0.25
Underwater
Cash-on-Cash
-14.82%
Monthly Payment
$26,543.093
Annual Cash Flow
$-238,517.113

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