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Cleared Heavy Industrial Land
For Sale
$105,000

708 Regal Street, Murphy, NC 28906

Cleared development site with R-2 Heavy Industrial zoning and city water and sewer connections.

Property SizeContact for details
Days on Market137

Property Features for 708 Regal Street

General Information

Standard status Active
Property subtype Commercial
Zoning R-2 Heavy Industrial
Listing Agency: Nantahala Real Estate
Listed By: Allison Ralph · License #305318
Source: Frankerealproperties
Added: Apr 8 Changed: Aug 22 Last Checked: Aug 22 at 4:11AM

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 a 2022 fire. The property carries R-2 Heavy Industrial zoning, with city water and sewer already in place. Mobile homes are allowed, and the site can accommodate a range of development concepts supported by the stated zoning and available utilities.

The parcel is located in downtown Murphy, placing it in the center of town. Its existing site condition eliminates the former structure and leaves an open tract for a future project. The property information also identifies potential for storage facilities, commercial development, or residential construction, subject to applicable requirements.

Key Highlights

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

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
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Frequently Asked Questions

What type of property is this?
Industrial land - Cleared development site with R-2 Heavy Industrial zoning and city water and sewer connections.
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 in place
More about this property
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