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    Highway 64 West Unaka, NC 28906

    For Sale
    $1,999,000

    Retail,Commercial - MURPHY, NC

    Lot size:
    10.47 Acres
    Days on Market:
    150
    Last Refresh:
    Dec 14 at 4:06 am

    Property Features for Highway 64 West

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Interior features
    Other
    Exterior features
    Other
    Lot size
    10.47 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air, Heat Pump

    Building Details

    Year built
    1992
    Roof type
    Metal
    Architectural style
    Other

    Appalachian Land Company (800) 837-9199 [email protected]

    Listing agent Joey Reid (828) 837-9199

    Listing date Jul 18, 2025

    MLS# 153232 Listing URL

    Copyright © 2025 Mountain Lakes Board 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.

    Overview

    Prime Commercial Land with Income

    This 10.47-acre commercial property is located at a heavily trafficked corner in Murphy, North Carolina, specifically on US 64 West at Hwy 19 S. The location benefits from high visibility, drawing an estimated 18,000 to 20,000 vehicles daily. The site includes two existing buildings currently generating revenue: a 2,800 sq. ft. building occupied by Cherokee Well Drilling and a 2,400 sq. ft. building occupied by S & P Monuments. The property is equipped with public water, sewer, and electricity, supporting further development. The acreage offers expansion potential while the existing buildings provide immediate cash flow. The property's access from Hwy 64 ensures visibility and convenience for tenants and future uses. This property is suitable for investors seeking returns or developers targeting Western North Carolina's commercial corridor.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Unaka
    County
    State
    North Carolina
    Longitude
    -84.312232
    Latitude
    35.01532

    Nearby Similar for Sale

    • $675,000

      Active Hotel Complex For Sale

      Active 7-room hotel on 6 acres near Murphy, North Carolina.
      19853 Us 64 Hwy W, Unaka, NC 28906
      View Details

    FAQs

    What type of property is this?
    Retail property - 10.47 acres with existing tenants and high traffic location.
    Where is this retail property located?
    The property is located at Highway 64 West Unaka, NC.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: - Income-producing property with existing tenants; - High-traffic location on US 64 West at Hwy 19 S, seeing 18,000-20,000 vehicles daily; - 10.47-acre commercial holding with expansion potential
    (828) 837-9199
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    Highway 64 West Unaka, NC 28906
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