Listing Agency: The Nichols Company Show Phone

Listed By: John L Nichols · License #179082

Source: Moodyscre

Added: Aug 27, 2020 Changed: Jul 31 Last Checked: Aug 1 at 6:34AM

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Investment Insights

Based on property information with market context.

Commercial land available for lease at 16775 Rosman Hwy in Lake Toxaway, North Carolina. The property is positioned along Highway 64, with close proximity to Highway 281, and is adjacent to Lake Toxaway Medical Center.

The property’s frontage borders Gorges State Park, placing it within the Lake Toxaway community and alongside a prominent regional outdoor destination. A proposal for a trail head into Gorges State Park from a neighboring property is currently under review.

Key Highlights

• Commercial land available for lease along Highway 64
• Close proximity to Highway 281
• Next to Lake Toxaway Medical Center

Property Analytics

Current Use

Barn Grocery & Convenience Store

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Pet Store Pharmacy Food Market Wine and Liquor 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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

39

Businesses Nearby

Explore this area Business Placement

Demographics for 28747, NC

2,114

Population

1,864

Households

1.1

Avg Household Size

51

Median Age

28%

College-Educated

88%

High-School Grad

48.8 sq mi

ZIP Area

43

Density / Sq Mi

$60,405

Median Household Income

$38,539

Median Earnings

$256,000

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land available for lease along Highway 64 near Highway 281 and established community destinations.

Where is this commercial land located?

The property is located at 16775 Rosman Hwy Lake Toxaway, NC.

What are key features of this property?

This property features: Commercial land available for lease along Highway 64; Close proximity to Highway 281; Next to Lake Toxaway Medical Center