420 Us-19E, Burnsville, NC 28714
This exceptional 1.5-acre commercial land parcel presents a remarkable development opportunity in the thriving Burnsville, NC market. Strategically located adjacent to Ingles Markets on US Hwy 19E Bypass, this property boasts 150 feet of high-visibility highway frontage, ensuring excellent exposure for any commercial venture. The site features three existing curb cuts and a dominant easement to Pensacola Road, providing convenient access and a steady flow of traffic via a red light. This location offers a blank canvas for a diverse range of developments, including retail complexes, hotels, multi-family units, office buildings, or medical centers. Burnsville's robust economic growth makes this an ideal location for businesses seeking a strategic foothold in a rapidly expanding area. The property is offered with a triple net ground lease at a rate of $1.10 per square foot per year, with a minimum 10-year term. The total lot size is approximately 65,340 square feet (1.5 acres), with a final survey to be completed before closing. This is a rare chance to capitalize on the burgeoning commercial sector in Burnsville, just 40 minutes from Asheville and 20 minutes from Spruce Pine. Don't miss this chance to secure a prime location for your next project.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.