5475 Hwy Murphy, NC 28906
- Commercial real estate
- 8.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5475 Hwy
- Lot size
- 8.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 8-acre commercial property in Murphy, NC, presents a lucrative investment opportunity. Strategically located near the intersection of US Hwy 64 and Hwy 19S, it boasts impressive daily traffic counts of 18,000-20,000 vehicles, ensuring maximum visibility. The property includes two existing commercial buildings and four billboards, currently generating a combined monthly income of $4,000. Utilities are readily available, including public water, gravity flow sewer, and electricity, making it immediately development-ready. Public access directly from Hwy 64 ensures convenient accessibility for potential tenants and customers. This prime location offers unparalleled potential for a wide range of commercial ventures, making it an ideal addition to an existing portfolio or a strong entry point into the thriving Western North Carolina market. The property's high visibility, existing income stream, and convenient location combine to create a truly exceptional investment opportunity. Don't miss this chance to secure a place at one of Murphy's busiest intersections.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Murphy
- County
- Cherokee
- State
- North Carolina
- Longitude
- -84.1059
- Latitude
- 35.0753
