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Mixed-Use Building with Office Space
For Sale
$875,000

1345 Poplar Grove Road S, Boone, NC 28607

The property combines construction-company occupancy with rental suites and leased parking areas.

Property Size7,362 SF
Price / SF$118.85
Days on Market440

Property Features for 1345 Poplar Grove Road S

General Information

Standard status Active
Size 7,362 SF
Property subtype Commercial

Additional Details

Cap Rate 6%

Building Details

Year Built 1986
Building Size 7,362 SF
Listing Agency: Blowing Rock Properties, Inc
Listed By: Sue Glenn
Source: Keyterrain
Added: Aug 11, 2025 Changed: Oct 22 Last Checked: Oct 22 at 2:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blowing Rock Properties, Inc

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Investment Insights

Based on property information with market context.

Built in 1986, this 7,362 SF mixed-use building includes office and light industrial space. A construction company occupies approximately 3,600 SF, while the remaining areas include rentals to construction-related subtenants. Parking spaces are also leased to a moving company.

Located at 1345 Poplar Grove Road S in Boone, the property has leases with 30- or 90-day notice clauses for the subtenants, providing flexibility in the use of their spaces. The reported cap rate is 5-6%.

Key Highlights

  • 7,362 SF building constructed in 1986
  • Construction company occupies approximately 3,600 SF
  • Rental spaces are occupied by construction‑related subtenants

Property Analytics

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Current Use

Waste Consultants Waste Management Facility Four Seasons Ayurveda Alternative Medicine Practice Mountain Construction Enterprises ... Construction Company Hearthstone Log & Timber ... Construction Company Big Man Moving Moving Company

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Furniture & Home Goods Bakery Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

38
Businesses Nearby

Demographics for 28607, NC

35,495
Population
16,726
Households
2.1
Avg Household Size
27
Median Age
54%
College-Educated
92%
High-School Grad
101.7 sq mi
ZIP Area
349
Density / Sq Mi
$44,132
Median Household Income
$13,485
Median Earnings
$1,081
Median Rent
$339,200
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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines construction-company occupancy with rental suites and leased parking areas.
Where is this mixed-use property located?
The property is located at 1345 Poplar Grove Road S Boone, NC.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 7,362 SF building constructed in 1986; Construction company occupies approximately 3,600 SF; Rental spaces are occupied by construction‑related subtenants
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