1037 Us Hwy 441 Hwy Sylva, NC 28779
This exceptional 9.78-acre commercial property boasts a prime location in Sylva, NC, offering significant development potential. Situated on US Highway 441, it benefits from approximately 1000+ feet of highway frontage, ensuring high visibility and accessibility. The property's strategic location along three roads—US Highway 441, Mockingbird Road, and Monroe Buchanan Road—provides multiple access points and exposure to a substantial volume of traffic. Its CO zoning allows for a wide range of commercial uses, including but not limited to grocery stores, gas stations, multifamily housing, self-storage facilities, retail spaces, and office buildings. The property's proximity to Harrah's Cherokee Casino and the numerous vacation rental homes in surrounding towns like Dillsboro, Sylva, Whittier, Cherokee, and Bryson City makes it an ideal location for businesses catering to tourists and locals alike. This location serves as a main artery connecting Atlanta and Asheville, further enhancing its commercial viability. The high traffic volume and diverse potential uses make this a compelling investment opportunity for developers and entrepreneurs seeking a high-impact location in a rapidly growing area. The substantial acreage provides ample space for large-scale projects, while the existing road frontage minimizes development costs. This property presents a rare chance to capitalize on the thriving commercial landscape of Western North Carolina. The asking price is $647,190.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.