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    OFF-MARKET
    Strip malls

    16775 Rosman Hwy, Lake Toxaway, NC 28747

    Property ID
    Property summary
    AI-generated overview

    This 10.15-acre retail property in Transylvania County offers a unique investment opportunity. The single-tenant building sits on four separate structures along Highway 64, providing excellent visibility and accessibility. Its strategic location offers close proximity to Highway 281 and the Lake Toxaway Medical Center, ensuring a steady flow of potential customers. The property's prime position bordering Gorges State Park is further enhanced by a proposed trailhead project currently under review, which is expected to significantly increase visibility and foot traffic. This development will improve access to the park from Highway 64 and the Lake Toxaway community, creating a synergistic relationship between the retail space and the natural attraction. The property's size and location make it ideal for a variety of retail businesses seeking high visibility and convenient access to a significant population base. The total building square footage is not currently available. This is a rare opportunity to establish a thriving business in a picturesque and rapidly developing area. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Strip malls
    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
    Current use
    Occupant on record · Public records
    • Barn Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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