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    2575 Nc Highway 105 Boone, NC 28607

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space near Appalachian State.

    Lot size:
    55,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Highland Commons, a 55,650 square foot retail center in Boone, NC, offers a prime investment opportunity. Located at 2575 NC Highway 105 S, this all-brick center boasts a highly visible location on Highway 105 South at Poplar Grove Road, benefiting from nearly 30,000 cars passing daily. The property features two suites, with 1,500 square feet currently vacant, providing immediate potential for new tenants. This thriving market area enjoys close proximity to Appalachian State University, a significant draw with approximately 20,000 students. The center is anchored by a well-established Ingles grocery store and Pet Supplies Plus, ensuring consistent foot traffic and strong brand recognition. A significant advantage is the availability of a 0.94-acre outparcel, presenting further development or expansion possibilities. This property is ideal for businesses seeking high visibility and access to a large, established customer base in a rapidly growing area of Watauga County. The property's location and existing anchors make it an attractive option for a variety of retail uses. The vacant space presents a unique opportunity for businesses to establish a presence in this vibrant community.

    Property Features for 2575 Nc Highway 105

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,650 SF

    Unit(s) available at that property

    Space
    Outparcel A
    Size
    0 SF
    Space
    Shop 3
    Size
    1,500 SF

    HighLights

    • Excellent location in a high‑growth market.
    • Prime location near Appalachian State University (approx. 20,000 students).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boone
    County
    Watauga
    State
    North Carolina
    Longitude
    -81.6966381
    Latitude
    36.2049517

    Nearby Comparable

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    Nearby Similar for Lease

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      12,908 SF

      Boone Office Space Available

      Modern Boone office suites, various sizes.
      850 Blowing Rock Rd, Boone, NC 28607
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      Rivers Walk Office Suites in Boone, NC

      Modern Boone Office Space, Multiple Suites Available
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      Retail space available in Boone's premier shopping center.
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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space near Appalachian State.
    Where is this retail property located?
    The property is located at 2575 Nc Highway 105 Boone, NC.
    What are key features of this property?
    This property features: Excellent location in a high-growth market.; Prime location near Appalachian State University (approx. 20,000 students).;
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    Boone, NC 28607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2575 Nc Highway 105 Boone, NC 28607
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