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    OFF-MARKET
    Land

    420 Us-19E, Burnsville, NC 28714

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    Property summary
    AI-generated overview

    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.

    Property profile
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    Property type Land
    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
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    Permitted uses
    Allowed · conditional · prohibited
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