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    OFF-MARKET
    Commercial real estate

    432 Us Hwy 19 Byp, Burnsville, NC 28714

    1.29 ac lot Built 1980
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.29-acre commercial property at 432 E US Hwy 19 Bypass E in Burnsville, NC, presents a unique redevelopment opportunity. Previously operating as a gas station, laundromat, and convenience store (formerly DELELX), this brick building boasts a highly desirable location at a major intersection directly off Highway 19 E. Its proximity to an Ingles Grocery Store (approximately 400-500 yards away) ensures high foot and vehicle traffic. While the building has been vacant for several years and requires renovation, its potential is undeniable. Existing features include two bathrooms, ample parking, and direct access from both Highway 19 E and Pensacola Road. The property includes remnants of the former gas station, including pumps and buried tanks, for which a No Further Action (NFA) letter has been received from the DEQ. Older washers and dryers are also still on-site. A partially collapsed car wash structure at the rear of the property, along with a 50-foot right-of-way to an adjacent property, will require demolition and removal. This property, once a central hub in Burnsville, offers significant potential for a savvy investor or entrepreneur seeking a high-visibility location with substantial redevelopment potential. The asking price is $1,200,000. A video tour is available online.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1980
    Lot 1.29 ac (56,192 SF)
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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