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    Banner Elk, NC
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    Banner Elk, NC Commercial Land for Sale

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    Beech Mountain, NC Elk Park, NC Sugar Mountain, NC Lenoir, NC Linville, NC Seven Devils, NC Sugar Grove, NC Newland, NC
    Mountain Recreation Land
    Updated: Aug 22, 2023
    Mountain Recreation Land

    243+/- Dobbin Road, Banner Elk, NC 28604

    $11,500,000
    241.00 AC lot
    241+/- acres of recreation land in Banner Elk, NC
    Wooded mountain tract with elevations from 3800 ft to over 4500 ft
    Recently added road provides access through the property
    Peak views include Grandfather Mountain, Sugar Mountain Ski Resort, and Diamond Creek Golf Club
    Minutes from the Blue Ridge Parkway, skiing, golf, restaurants, and shopping
    View details
    Highway 105 Commercial Lot
    Updated: Jan 28
    Highway 105 Commercial Lot

    5221 NC Highway 105, Banner Elk, NC 28604

    $195,000
    Excellent road visibility on Highway 105
    Buildable commercial lot in Banner Elk
    Stunning views of Grandfather Mountain
    Septic tank in place
    Opportunity to bring a business vision to life (gift shop, coffee shop, arts and crafts store)
    View details
    Prime Commercial Tract in Banner Elk
    Prime Commercial Tract in Banner Elk

    Tynecastle Hwy, Banner Elk, NC 28604

    Contact for pricing
    17.70 AC lot

    17.7+ acre commercial tract with high visibility and access.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 3 Active listings in Banner Elk, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    1794 Highway 105, Boone, NC 28607

    $699,000
    2.89 AC lot

    Highway frontage, Town of Boone water and sewer, creek frontage, and mature trees shape the site.

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    Blowing Rock Development Tract
    Blowing Rock Development Tract

    47.48 Acres Blowing Rock Boulevard, Blowing Rock, NC 28605

    $1,899,200
    47.48 AC lot

    47.48-acre development tract with layered gorge views.

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    Commercial Land Tract with Frontage
    Commercial Land Tract with Frontage

    2137 Highway 105, Boone, NC 28607

    $497,000

    2-acre commercial tract in Boone with B-3 zoning and about 190 feet of Highway 105 frontage.

    View details
    Prime Land with Gorge Views
    Prime Land with Gorge Views

    111 Acres - Blowing Rock Boulevard, Blowing Rock, NC 28605

    $2,995,000
    111.38 AC lot

    111.38-acre tract with spectacular views near Blowing Rock, NC.

    View details

    Off-Market Properties in Banner Elk, NC

    Consider similar Off-Market properties in Banner Elk, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Banner Elk, NC 28604
    VACANT COMMERCIAL LAND

    Banner Elk, NC 28604

    Estimated value:
    $330,000
    3.25 AC lot
    View details
    Banner Elk, NC 28604
    VACANT COMMERCIAL LAND

    Banner Elk, NC 28604

    Estimated value:
    $90,000
    1.99 AC lot
    View details
    Nc 105th Hwy
    VACANT COMMERCIAL LAND

    Nc 105th Hwy, Banner Elk, NC 28604

    Estimated value:
    $800,000
    3.26 AC lot
    View details
    Sugar Mtn Dr
    VACANT COMMERCIAL LAND

    Sugar Mtn Dr, Banner Elk, NC 28604

    Estimated value:
    $280,000
    0.02 AC lot
    View details
    Banner Elk, NC 28604
    VACANT COMMERCIAL LAND

    Banner Elk, NC 28604

    Estimated value:
    $210,000
    1.00 AC lot
    View details
    11470 Nc Hwy 105th S
    VACANT COMMERCIAL LAND

    11470 Nc Hwy 105th S, Banner Elk, NC 28604-8664

    Estimated value:
    $935,000
    6.12 AC lot
    View details
    Banner Elk, NC 28604
    VACANT COMMERCIAL LAND

    Banner Elk, NC 28604

    Estimated value:
    $455,000
    0.58 AC lot
    View details
    Banner Elk, NC 28604
    VACANT COMMERCIAL LAND

    Banner Elk, NC 28604

    Estimated value:
    $375,000
    4.23 AC lot
    View details
    Banner Elk, NC 28604
    VACANT COMMERCIAL LAND

    Banner Elk, NC 28604

    Estimated value:
    $1,065,000
    0.50 AC lot
    View details
    Sugar Mtn Dr
    VACANT COMMERCIAL LAND

    Sugar Mtn Dr, Banner Elk, NC 28604

    Estimated value:
    $295,000
    0.01 AC lot
    View details
    Banner Elk, NC 28604
    VACANT COMMERCIAL LAND

    Banner Elk, NC 28604

    Estimated value:
    $1,750,000
    0.71 AC lot
    View details
    Banner Elk, NC 28604
    VACANT COMMERCIAL LAND

    Banner Elk, NC 28604

    Estimated value:
    $1,750,000
    0.92 AC lot
    View details
    Banner Elk, NC 28604
    VACANT COMMERCIAL LAND

    Banner Elk, NC 28604

    Estimated value:
    $1,755,000
    0.50 AC lot
    View details
    Banner Elk, NC 28604
    VACANT COMMERCIAL LAND

    Banner Elk, NC 28604

    Estimated value:
    $165,000
    4.90 AC lot
    View details
    Banner Elk, NC 28604
    VACANT COMMERCIAL LAND

    Banner Elk, NC 28604

    Estimated value:
    $385,000
    0.31 AC lot
    View details
    Tynecastle Hwy
    VACANT COMMERCIAL LAND

    Tynecastle Hwy, Banner Elk, NC 28604

    Estimated value:
    $290,000
    0.08 AC lot
    View details
    Advent Ln
    VACANT COMMERCIAL LAND

    Advent Ln, Banner Elk, NC 28604

    Estimated value:
    $280,000
    0.35 AC lot
    View details
    9643 Nc Hwy 105th S
    VACANT COMMERCIAL LAND

    9643 Nc Hwy 105th S, Banner Elk, NC 28604-8647

    Estimated value:
    $350,000
    1.14 AC lot
    View details
    Banner Elk, NC 28604
    VACANT COMMERCIAL LAND

    Banner Elk, NC 28604

    Estimated value:
    $370,000
    1.01 AC lot
    View details
    Nc 105th Hwy
    VACANT COMMERCIAL LAND

    Nc 105th Hwy, Banner Elk, NC 28604

    Estimated value:
    $275,000
    0.37 AC lot
    View details
    Nc 105th Hwy
    VACANT COMMERCIAL LAND

    Nc 105th Hwy, Banner Elk, NC 28604

    Estimated value:
    $285,000
    0.80 AC lot
    View details

    Banner Elk, NC Commercial Land Market Trends and Statistics

    Explore 38 commercial land for sale in Banner Elk, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,268,972 square feet of properties for sale, with an estimated market value of $11,695,000.

    Sale prices for commercial lots in Banner Elk, NC start at $195,000, averaging $5,847,500, and reaching up to $11,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 104
    Recreation land 5
    Waterfront Land 4
    Commercial land 3
    Agricultural land / Farmland 1

    Demographics Overview

    Population 7,280
    Population Growth (5Y) -4.7%
    Median Household Income $64,052
    College Educated 31.0%

    High-Yield Neighborhoods for Investment

    Identify Banner Elk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28604 $5.8M

    Taxes & Financing

    Tax Rate (average for all types) 0.40%
    Property Tax per SF $7.60 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Avery County

    New Delisted

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    The Summit Group of the Carolinas
    P.O. Box 2435 Banner Elk, NC 28604
    Phone: 18288983500
    www.summitgrouprealestate.com/
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