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    16775 Rosman Hwy Lake Toxaway, NC 28747

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    For Sale
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    10.15 Acres, Highway 64 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10.15-acre commercial land parcel presents a unique investment opportunity in Lake Toxaway, North Carolina. Located on Rosman Highway (Highway 64), this property boasts high visibility and convenient access. Its strategic position offers significant advantages for businesses seeking exposure to substantial traffic volume along a major thoroughfare. The land is situated adjacent to the Lake Toxaway Medical Center, ensuring a steady stream of potential customers and employees. Furthermore, the property shares a border with Gorges State Park, providing a picturesque setting and attracting outdoor enthusiasts. A proposed trailhead into Gorges State Park from a neighboring property is currently under review, which is anticipated to further enhance visibility of both the park and this commercial land parcel from Highway 64 and the wider Lake Toxaway community. The property's zoning and potential uses should be verified with Transylvania County. This prime location offers unparalleled potential for a variety of commercial ventures, capitalizing on the area's growing population and tourism. The 28747 zip code offers easy access to nearby amenities and attractions. Serious inquiries are encouraged to explore the development possibilities of this remarkable property.

    Property Features for 16775 Rosman Hwy

    General Information

    Property type
    Land
    Lot Size
    442,134 SF

    HighLights

    • 10.15‑acre commercial land parcel in Lake Toxaway, NC, on high‑traffic Highway 64.
    • High visibility and convenient access, adjacent to Lake Toxaway Medical Center.
    • Bordering Gorges State Park, with a proposed nearby trailhead enhancing visibility.
    • Zoning and permitted uses to be verified with Transylvania County.
    • Prime location for various commercial ventures, in a growing area with strong tourism.
    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?
    Land - 10.15 Acres, Highway 64 Frontage
    Where is this land located?
    The property is located at 16775 Rosman Hwy Lake Toxaway, NC.
    What are key features of this property?
    This property features: 10.15-acre commercial land parcel in Lake Toxaway, NC, on high-traffic Highway 64.; High visibility and convenient access, adjacent to Lake Toxaway Medical Center.; Bordering Gorges State Park, with a proposed nearby trailhead enhancing visibility.
    (704) 373-9797
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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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