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Cleared Heavy Industrial Land Parcel
For Sale
$105,000

708 Regal Street, Murphy, NC 28906

LAND - Murphy, NC

Property SizeContact for details
Lot Size1.00 Acre
Days on Market126

Property Features for 708 Regal Street

General Information

Property type Land
Property subtype Other
Zoning R-2 Heavy Industrial
Elementary school Murphy
Middle school Murphy Middle
High school Murphy High School
Directions From downtown Murphy, take Hill Street. Turn left on Pleasant Valley Road. Turn left on Regals Street. Property is second driveway on the left. Sign on property.
Standard status Active
APN 459207793799000
Lot size 1.00 Acre

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Water source Public
Listing Agency: Nantahala Real Estate
Listed By: Allison Ralph · License #305318
Added: Apr 8 Changed: Jun 25 Last Checked: Aug 11 at 5:06AM
MLS# 98544332

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is a 1-acre, cleared commercial land site in Murphy, North Carolina. The previous structure was removed following a 2022 fire, leaving a clean parcel for a new development plan. The seller reports the property is actively being cleaned up and improved. Zoning is listed as R-2 Heavy Industrial, and the lot is described as unrestricted in the public remarks. Mobile homes are allowed, and city water and sewer are already in place.

The parcel is located at 708 Regal Street in Cherokee County. The public remarks describe it as a downtown Murphy opportunity with strong commercial appeal, placing it within the town’s core area.

For buyers, this is a practical fit when you want a straightforward build-ready site with utilities available and flexible end uses. It may be considered for new construction, storage facilities, or commercial development, as well as mobile home placement, depending on your intended plans and applicable requirements tied to the site’s stated zoning and unrestricted description.

Key Highlights

  • Unrestricted 1‑acre lot in downtown Murphy
  • Zoned Heavy Industrial with stated adaptability for residential use
  • Old building removed following a 2022 fire, leaving a cleared site

Property Analytics

Current Use

Industrial 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

146
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 - Clean, cleared lot with water and sewer available, ready for new construction or storage uses in Murphy, NC.
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: Unrestricted 1‑acre lot in downtown Murphy; Zoned Heavy Industrial with stated adaptability for residential use; Old building removed following a 2022 fire, leaving a cleared site
More about this property
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