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    00 Underwood Rd Fletcher, NC 28732

    Sponsored
    For Sale
    $999,000

    Prime 1.73-acre commercial lot near Airport Road.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1.73-acre parcel presents a remarkable opportunity for commercial development in the thriving Fletcher, NC market. Strategically located less than half a mile from Airport Road, this property offers unparalleled accessibility and visibility. The land is conveniently situated in a commercially zoned area (Fletcher C2), ensuring a streamlined development process. Its relatively flat and cleared terrain significantly reduces site preparation costs and accelerates project timelines. Essential public utilities are readily available, eliminating infrastructure hurdles. Adding to its appeal, this property directly adjoins a recently acquired 8+ acre parcel by a major automotive group, suggesting strong potential for synergistic development and increased property value. The C2 zoning allows for a variety of commercial uses, providing flexibility for diverse development plans. Detailed information regarding permitted uses is available in the accompanying brochure. This is a rare chance to acquire a prime commercial site in a rapidly growing area, offering significant potential for substantial return on investment. Don't miss this exceptional opportunity to secure a foothold in this dynamic market. Contact us today to learn more and schedule a site visit.

    Property Features for 00 Underwood Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    75,359 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fletcher
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.52963
    Latitude
    35.43236

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.73-acre commercial lot near Airport Road.
    Where is this commercial real estate located?
    The property is located at 00 Underwood Rd Fletcher, NC.
    What is the asking price?
    The asking price for this property is $999,000.
    (828) 281-4024
    Request Owner's contact information
    00 Underwood Rd Fletcher, NC 28732
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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
    00 Underwood Rd Fletcher, NC 28732
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