420 Hwy 19E Byp, Burnsville, NC 28714
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.
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.