5262-5264 Us 74 Hwy Whittier, NC 28789
This exceptional 18.04-acre commercial property presents a unique investment opportunity in Whittier, NC. Strategically located on heavily trafficked US-74 Highway, it boasts 600 feet of road frontage and visibility to approximately 24,000 vehicles daily. Currently generating income from a diverse mix of tenants, including 32 self-storage units, 13 flea market shops, and a billboard, this property offers multiple revenue streams. The existing infrastructure includes ample parking and multiple access points for convenient ingress and egress. Signage opportunities along the busy highway further enhance its commercial appeal. Beyond the existing businesses, the property holds significant potential for expansion and redevelopment. The rear 15.04 acres, featuring graded public right-of-way, are zoned for residential use, opening avenues for constructing and selling single-family homes, thereby increasing the overall return on investment. This presents a compelling opportunity to capitalize on both existing income and future development possibilities. The property utilizes a shared well and a private septic system and is situated within a 500-year floodplain. This prime location in Whittier, nestled in the Great Smoky Mountains along the Tuckasegee River, benefits from the area's thriving tourism and outdoor recreation scene, attracting a steady flow of potential customers and residents. The property's size, location, and diverse income streams make it an attractive investment for those seeking both immediate returns and long-term growth potential.
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.