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Flex Building with Garage Door
For Sale
$499,900

4827 US Highway 421, Vilas, NC 28692

Versatile commercial building with open work areas, office-ready space, yard area, and parking along US Highway 421.

Property SizeContact for details
Days on Market9

Property Features for 4827 US Highway 421

General Information

Standard status Active
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Drive-In Doors 1

Taxes and HOA fees

Annual Taxes $663

Amenities

Central air
Central Air Cooling
Electric Heating
Heat Pump Heating
Parking Spaces
Paved
Zoned Heating

Building Details

Year Built 1988
Listing Agency: HOWARD HANNA ALLEN TATE REAL ESTATE BLOWING ROCK
Listed By: WILLIAM KELLY
Source: Corcoran
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 26 at 7:08AM

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 HOWARD HANNA ALLEN TATE REAL ESTATE BLOWING ROCK

Investment Insights

Based on property information with market context.

Built in 1988, this flex property combines an open operational area with a finished interior suite. The work space includes concrete floors and a high-clearance garage door, while the office-oriented portion offers vaulted tongue-and-groove ceilings, wood trim, large windows, multiple contiguous rooms, a private restroom, and a break room with kitchenette. An aluminum roof completes the building improvements.

Outdoor yard and parking areas support equipment staging, vehicle parking, or outdoor display and seating. The property is positioned on US Highway 421 in Vilas, with a direct route toward Boone and Tennessee. It is also minutes from Appalachian State University and Downtown Boone, and the property information notes mountain views from the interior suite.

The flexible configuration can accommodate equipment storage, vehicle maintenance, light manufacturing, distribution, customer reception, administrative offices, or showroom functions where appropriate for the user’s operation.

Key Highlights

  • Built in 1988 with an aluminum roof
  • High‑clearance garage door and concrete floors
  • Finished suite with vaulted tongue‑and‑groove ceilings, wood trim, and large windows

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Electrical Service Big Box & Wholesale Store Building Supply (Bike/Boat/Book/etc) Store Catering Service

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

1
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

48
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28692, NC

4,161
Population
3,101
Households
1.3
Avg Household Size
43
Median Age
40%
College-Educated
94%
High-School Grad
40.0 sq mi
ZIP Area
104
Density / Sq Mi
$48,750
Median Household Income
$34,342
Median Earnings
$985
Median Rent
$289,200
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
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Similar Off Market Nearby

  • Earthworks catering — 5415 US-421, Vilas, NC 28692

Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial building with open work areas, office-ready space, yard area, and parking along US Highway 421.
Where is this flex space located?
The property is located at 4827 US Highway 421 Vilas, NC.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Built in 1988 with an aluminum roof; High‑clearance garage door and concrete floors; Finished suite with vaulted tongue‑and‑groove ceilings, wood trim, and large windows
More about this property
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