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    Corner Mixed-Use Building Opportunity Title is generated by Realmo AI

    181 Bryson Walk, Bryson City, NC 28713

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    Claim this Listing
    For Sale
    $300,000

    COMMERCIAL - Bryson City, NC

    Property size:
    2,000 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $150/SF
    Added:
    Apr 21, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 8 at 6:06 am

    Property Features for 181 Bryson Walk

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1
    Parking features
    Off Street
    Standard status
    Active
    APN
    667418416259
    Size
    2,000 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1868

    Utilities

    Utilities
    Electricity Available
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Heat Pump, Electric, Central Air

    Building Details

    Year built
    1960
    Floors in Building
    1
    Flooring type
    Vinyl, Tile - Ceramic, Carpet
    Building materials
    Stucco
    Roof type
    Metal

    We can help!

    Listing Contact
    Johnny D. Ensley

    Listing agent Johnny D. Ensley License #158878

    Listing office YELLOW ROSE REAL ESTATE LLC Po Box 326 203 Slope Street, BRYSON CITY, NC

    Listing date Apr 21, 2026

    MLS# 26046977

    Copyright © 2026 Carolina Smokies Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Corner commercial property in downtown Bryson City with over 2,000 sq ft of potential
    • Built in 1960; stucco construction with a metal roof
    • Heating and cooling include heat pump, electric heat, and central air
    • Includes a full kitchen and 1.5 baths
    • Interior layout features removable partitions for flexible use (commercial or residential)
    • Off‑street parking; electricity available

    Overview

    This corner mixed-use building offers approximately 2,000 square feet of flexible interior space. The layout is designed for change, with removable partitions that allow the property to shift between open-concept commercial use and a more self-contained configuration. The building is equipped with central heating and air, a durable metal roof, a full kitchen, and 1.5 bathrooms.

    Located on a corner lot in downtown Bryson City, the property benefits from prominent street-corner presence. The offering includes a single parcel with an approximately 0.12-acre lot size, providing a straightforward setup for a variety of uses where visibility and accessibility matter.

    For tenants, buyers, and owner-operators, the combination of adaptable space and functional amenities supports multiple concepts, including a retail boutique or a professional office. The inclusion of a full kitchen and bathroom count also aligns with live-work styling, depending on how the interior is reconfigured with the removable partitions. If additional land is desired, an adjacent lot is available for purchase separately.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Hair Salon Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bryson City
    County
    Swain
    State
    North Carolina
    Longitude
    -83.4502401
    Latitude
    35.4294903

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile corner property with adaptable interior partitions, central HVAC, kitchen, and 1.5 baths for retail, office, or live-work use.
    Where is this mixed-use property located?
    The property is located at 181 Bryson Walk Bryson City, NC.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Corner commercial property in downtown Bryson City with over 2,000 sq ft of potential; Built in 1960; stucco construction with a metal roof; Heating and cooling include heat pump, electric heat, and central air
    (828) 736-8797
    We can help!
    Listing Contact
    Johnny D. Ensley
    Real Estate License ID: 158878
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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