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    OFF-MARKET
    Land

    01 Hwy, Nebo, NC 28761

    71.58 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 71.58-acre commercial land parcel presents a unique investment opportunity in McDowell County, North Carolina. Strategically located at the intersection of US Highway 64 and NC Highway 226, this property boasts significant road frontage: approximately 1,090 linear feet along NC 226, 130 linear feet along US 64, 1,190 linear feet along Fortune Road (with multiple access points), and 534 linear feet along Bill Deck Road. Currently unzoned, the property offers considerable flexibility for a variety of development projects, including retail, industrial, or residential uses. Its central location between Morganton, Rutherfordton, and Marion provides easy access to regional amenities and a strong potential market. Recently timbered, the land features established logging roads, facilitating easy exploration and site assessment. The property's expansive size and versatile nature make it an ideal choice for developers and investors seeking a significant landholding with high development potential. The parcel's APN is 165700496782. McDowell County will review and approve any development plans. The asking price is $572,000.

    Property profile
    Verified
    Property type Land
    Lot 71.58 ac (3,118,025 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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