US-23 Alt, Mars Hill, NC 28754
This exceptional 18.41-acre commercial land parcel in Mars Hill, NC, presents a unique investment opportunity. Strategically located along US Highway 23 and less than a mile from Interstate 26, this property boasts unparalleled visibility and accessibility. Zoned R-A, it's ideally suited for a variety of commercial ventures, including retail, restaurants, hotels, or tourism-related businesses. Multiple cleared and leveled sites are ready for immediate development. The property's proximity to major transportation routes ensures convenient access to Mars Hill, Weaverville, and Asheville (under 30 minutes away). Its location at the last North Carolina exit before the Tennessee border and the first after entering from Tennessee offers significant potential for businesses targeting interstate travelers. Nearby attractions such as a ski resort, snow tubing parks, vacation rentals, and campgrounds further enhance its appeal. APN: 9840-84-5918. Asking price: $500,000.
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.