Property profile

00 Mtn Air Dr Burnsville, NC 28714

OFF-MARKET
Land
64.11 ac lot
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Property summary

AI-generated overview

This exceptional 64.11-acre commercial land parcel presents a significant development opportunity in the desirable Burnsville, NC area. Located just outside the gates of the exclusive Mountain Air community, this property is not subject to Mountain Air's covenants and restrictions, offering unparalleled flexibility for future projects. The land is zoned for residential use and boasts convenient access, situated less than 10 minutes from downtown Burnsville and approximately 45 minutes from Asheville, NC. While not included in the purchase, the property's proximity to the Mountain Air community provides access to nearby amenities such as the Mountain Air Golf Club (offering limited memberships) and a high-altitude airstrip. Sewer access is available. Please note that approximately 3.15 acres on the right side of the property after the gate are not included in this sale. The property's APN is 070900761672000. This is a rare chance to acquire a substantial tract of land with significant development potential in a highly sought-after location. The asking price for this expansive property is $2,250,000.

Property profile

Verified
Property type Land
Lot 64.11 ac (2,792,632 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 Mtn Air Dr Burnsville, NC 28714
Burnsville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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