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Improved Commercial Land for Sale in Thomasville, North Carolina
407 National Hwy, Thomasville, NC 27360
$2,500,000
2.59 acres
Pending sale
Under contract
Investment Opportunity for an Investor. The 50 Unit Hotel is currently operated on a weekly basis at fifty percent occupancy. This investment comes with 2 Hotel Buildings and a Commercial Retail Building. The Commercial Building has 3 rented out units, with one of the units being a Restaurant. Enjoy a current 16% Cap Rate with a Pro Forma rate of 25% with a great vision and Business Plan.
43,335
Sq feet
53
Full baths
Location
- Street address
- 407 National Hwy
- County
- Davidson County
- Zip code
- 27360
- Elevation
- 853 feet
Property details
- Acreage
- 2.59 acres
- MLS #
- MyStateMLS 11684011
- Posted
Details and features
Listing
- Type
- Commercial Sale
Structure
- Heating
- Electric, Forced Air, Hot Water
- Materials
- Brick, Stone
Interior
- Rooms
- Bathroom x 53
- Flooring
- Tile
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 2, 2026 | Under contract | $2,500,000 | — | MyStateMLS |
| May 20, 2026 | Listing removed | $2,500,000 | — | Listing agent |
| Apr 29, 2026 | Relisted | $2,500,000 | — | MyStateMLS |
| Apr 28, 2026 | Listing removed | $2,500,000 | — | Listing agent |
| Apr 3, 2026 | New listing | $2,500,000 | — | MyStateMLS |
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