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    16775 Rosman Hwy Lake Toxaway, NC 28747

    For Lease
    Contact for pricing

    High-traffic retail space near Gorges State Park

    Lot size:
    442,134 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 10.15-acre retail property in Transylvania County offers a unique investment opportunity. The single-tenant building sits on four separate structures along Highway 64, providing excellent visibility and accessibility. Its strategic location offers close proximity to Highway 281 and the Lake Toxaway Medical Center, ensuring a steady flow of potential customers. The property's prime position bordering Gorges State Park is further enhanced by a proposed trailhead project currently under review, which is expected to significantly increase visibility and foot traffic. This development will improve access to the park from Highway 64 and the Lake Toxaway community, creating a synergistic relationship between the retail space and the natural attraction. The property's size and location make it ideal for a variety of retail businesses seeking high visibility and convenient access to a significant population base. The total building square footage is not currently available. This is a rare opportunity to establish a thriving business in a picturesque and rapidly developing area. Serious inquiries are encouraged.

    Property Features for 16775 Rosman Hwy

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    442,134 SF

    Building Details

    Buildings
    4

    Unit(s) available at that property

    Space
    Size
    442,134 SF

    HighLights

    • Retail property for lease on Hwy 64, near Hwy 281.
    • Single‑tenant occupancy.
    • 10.15‑acre lot.
    • Four buildings on site.
    • Located near Lake Toxaway Medical Center and Gorges State Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Barn Grocery Store

    Suggested Use

    Restaurant Realty agency Wholesale Shop Clothing Store Pharmacy Food Market Hotel & Motel Grocery Store Electrical Service Women's Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Toxaway
    County
    Transylvania
    State
    North Carolina
    Longitude
    -82.9430019
    Latitude
    35.112285

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    FAQs

    What type of property is this?
    Strip mall - High-traffic retail space near Gorges State Park
    Where is this strip mall located?
    The property is located at 16775 Rosman Hwy Lake Toxaway, NC.
    What are key features of this property?
    This property features: Retail property for lease on Hwy 64, near Hwy 281.; Single-tenant occupancy.; 10.15-acre lot.
    Request Owner's contact information
    16775 Rosman Hwy Lake Toxaway, NC 28747
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    Lake Toxaway, NC 28747
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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
    16775 Rosman Hwy Lake Toxaway, NC 28747
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