99999 Upward Rd, Flat Rock, NC 28731
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.
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.