432 Us Hwy 19 Byp, Burnsville, NC 28714
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.
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.