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Gas Station with Auto Shop
For Sale
$499,000

7521 Highway 294, Murphy, NC 28906

Commercial Sale, Murphy, NC

Property Size3,000 SF
Lot Size1.38 Acres
Price / SF$166.33
Days on Market607

Property Features for 7521 Highway 294

General Information

Property type Commercial Sale
Property subtype Other
Lot features Level
Directions Hwy 64W to right on Hwy. 294. Property is located within a 1/4 mile of Hiwassee Dam School
Standard status Active
APN 453300923999000
Size 3,000 SF
Lot size 1.38 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1.38ac including building and well rights
Legal Description 1.38ac including building and well rights

Utilities

Sewer type Septic Tank
Heating system Electric (Heating)
Cooling system Central Air
Water source Well

Building Details

Year built 1983
Flooring type Concrete
Building materials Metal Siding, Steel Frame
Roof type Metal
Listing Agency: McNabb Properties, Inc.
Listed By: Lawrence McNabb · License #212367
Added: Feb 4, 2025 Changed: Sep 2 Last Checked: Oct 4 at 1:06PM
MLS# 98541735

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This gas station property occupies 1.38 acres and includes a 3,000-square-foot building designed for automotive and convenience-oriented operations. The improvements feature a steel-frame structure with metal siding, concrete flooring, electric heat, central air, and a metal roof. Water is supplied by a well, and wastewater is handled through a septic tank.

The property is positioned at 7521 Highway 294 in Murphy, NC, within the Hiwassee Dam community and near Hiwassee Dam School. The site includes an operating full-time mechanic, while a convenience store is newly opening on the premises. Built in 1983, the property offers a combination of vehicle-service and retail components in a rural community setting.

Key Highlights

  • 1.38‑acre gas station property with a 3,000‑square‑foot building
  • Full‑time mechanic on site
  • Newly opening convenience store component

Property Analytics

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Current Use

Gas stations

Suggested Use

Top Pick Auto Repair Shop Bed & Breakfast Travel Agency Hotel & Motel Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 28906, NC

19,896
Population
12,992
Households
1.5
Avg Household Size
55
Median Age
24%
College-Educated
92%
High-School Grad
333.4 sq mi
ZIP Area
60
Density / Sq Mi
$52,669
Median Household Income
$34,257
Median Earnings
$872
Median Rent
$219,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Established commercial site combines automotive service capability with a convenience retail component near Hiwassee Dam School.
Where is this gas station located?
The property is located at 7521 Highway 294 Murphy, NC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1.38‑acre gas station property with a 3,000‑square‑foot building; Full‑time mechanic on site; Newly opening convenience store component
More about this property
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