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    OFF-MARKET
    Land

    99999 Upward Rd, Flat Rock, NC 28731

    2.48 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.48-acre commercial/industrial land parcel in Flat Rock, North Carolina, presents a compelling investment opportunity. Zoned Regional Commercial (RC), this flat, buildable lot boasts 320 feet of frontage on Upward Road, offering excellent visibility and accessibility. Its strategic location at a signalized intersection provides multiple potential ingress/egress points. Utilities are readily available. The property's proximity to the Upward Road exit of I-26 ensures convenient access to major transportation routes. Considerable development potential exists for various uses, including hospitality, retail, self-storage, industrial facilities, and convenience stores. The site is only 4.5 miles from downtown Hendersonville, a 15-minute drive to Asheville Regional Airport, and a 45-minute drive to Greenville, South Carolina. The property's APN is 7686-18-1655. A survey is available. Asking price is $1,240,000.

    Property profile
    Verified
    Property type Land
    Lot 2.48 ac (108,029 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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