Property profile

5373 Green River Cove Rd Saluda, NC 28773

OFF-MARKET
Retail properties & Spaces
6.53 ac lot Built 2017
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Property summary

AI-generated overview

This exceptional turnkey business opportunity encompasses the highly successful Silver Creek Tubing Center, situated on a 6.53-acre lot in Saluda, North Carolina. Built in 2017, the property includes three buildings and boasts a prime location at 5373 Green River Cove Rd, 28773, with permitted CR zoning. The center enjoys a coveted position, owning both sides of the river and the main road, providing significant expansion potential. Currently operating as a popular river tubing destination, consistently ranked among the top 10 in the North Carolina mountains, the business attracts thousands of visitors annually during spring, summer, and fall. The property's versatility extends beyond tubing, with opportunities to host special events, concerts, and festivals, capitalizing on the existing infrastructure and high visitor traffic. The asking price is $1,000,000, with owner financing a possibility. This presents a unique chance to acquire a profitable, established business with substantial room for growth and diversification in a picturesque mountain setting. The property's location offers easy access to nearby attractions such as Lake Lure, Tryon International Equestrian Center, and other regional destinations, further enhancing its appeal and potential for increased revenue streams. The existing infrastructure, including three buildings, provides ample space for operations, storage, and potential future expansion projects. This is a rare opportunity to own a thriving business with significant upside potential in a highly desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2017
Lot 6.53 ac (284,447 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

5373 Green River Cove Rd Saluda, NC 28773
Saluda metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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