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    OFF-MARKET
    Land

    8500 Valley Blvd, Blowing Rock, NC 28605

    0.78 ac lot
    Property ID
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    Property summary
    AI-generated overview

    This exceptional 0.78-acre commercial land parcel is located at 8500 Valley Blvd, Blowing Rock, NC 28605, a high-visibility corner lot on US Highway 321 and Ransom Street. Zoned GB (General Business), it's ideally suited for retail development, particularly quick-service restaurants. The property boasts excellent accessibility and high traffic exposure due to its strategic location at a busy intersection with an AADT of 11,186. Adjacent to a Holiday Inn Express and near popular restaurants, this site benefits from existing commercial activity and offers significant customer engagement potential. Prior development plans are available. The asking price is $650,000, representing a below-market opportunity. The property has been surveyed, with topography data available. APN: 2817-14-0664-000. Ownership: Ransom Street, LLC. This information is for illustrative purposes only

    Property profile
    Verified
    Property type Land
    Lot 0.78 ac (33,977 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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