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Cleared Industrial Land
For Sale
$105,000

708 Regal Street, Murphy, NC 28906

Cleared downtown parcel with R-2 Heavy Industrial zoning and municipal water and sewer service in place.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market147

Property Features for 708 Regal Street

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Commercial
Zoning R-2 Heavy Industrial

Additional Details

Utilities to Site Yes
Listing Agency: Nantahala Real Estate
Listed By: Allison Ralph · License #305318
Source: Thomasrealtysold
Added: Apr 8 Changed: Aug 31 Last Checked: Aug 4 at 5:23AM

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 Nantahala Real Estate

Investment Insights

Based on property information with market context.

This 1-acre industrial land parcel at 708 Regal Street is a cleared site following removal of the former building after the 2022 fire. The property is zoned R-2 Heavy Industrial, with city water and sewer already in place. Mobile homes are allowed under the provided property information.

Located in downtown Murphy, the parcel offers a central setting for future site development. The existing improvements have been removed, leaving an open property without a standing building. The address is 708 Regal Street, Murphy, NC 28906.

Key Highlights

  • 1‑acre cleared industrial land parcel
  • R‑2 Heavy Industrial zoning
  • City water and sewer are already in place

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Bakery

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby

Demographics for 28906, NC

19,896
Population
12,992
Households
1.5
Avg Household Size
55
Median Age
24%
College-Educated
92%
High-School Grad
333.4 sq mi
ZIP Area
60
Density / Sq Mi
$52,669
Median Household Income
$34,257
Median Earnings
$872
Median Rent
$219,800
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Cleared downtown parcel with R-2 Heavy Industrial zoning and municipal water and sewer service in place.
Where is this industrial land located?
The property is located at 708 Regal Street Murphy, NC.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: 1‑acre cleared industrial land parcel; R‑2 Heavy Industrial zoning; City water and sewer are already in place
More about this property
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