Property profile

432 Us Hwy 19 Byp Burnsville, NC 28714

OFF-MARKET
Commercial real estate
1.29 ac lot Built 1980
Saved · see the list in your Dashboard

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

Location

432 Us Hwy 19 Byp Burnsville, NC 28714
Burnsville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 432 Us Hwy 19 Byp?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message