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    OFF-MARKET
    Land

    420 Hwy 19E Byp, Burnsville, NC 28714

    1.4 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.5-acre commercial land parcel, located at 420 E US Hwy 19E Bypass in Burnsville, NC (APN: 082015630840), presents a remarkable development opportunity. Zoned C-2, this property boasts 150 feet of highway frontage on US Hwy 19E, providing excellent visibility and accessibility. Its strategic location adjacent to Ingles Markets ensures high traffic volume. The lot features three existing curb cuts and a dominant easement to Pensacola Road, offering convenient access and a significant advantage for potential developments. Considerable growth in Burnsville makes this a highly attractive location for businesses. The property is conveniently situated just 40 minutes from Asheville and 20 minutes from Spruce Pine. A triple net ground lease option is also available at $1.10/sf/yr. The asking price is $1,400,000, translating to approximately $22.96 per square foot. A final survey will be completed before closing. This property is ideal for a variety of commercial uses, including retail complexes, hotels, multi-family units, office buildings, or medical centers. Don't miss this chance to capitalize on this prime commercial real estate in a thriving North Carolina community.

    Property profile
    Verified
    Property type Land
    Lot 1.4 ac (60,984 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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