Property summary
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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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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