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    OFF-MARKET
    Industrial properties

    125 Underwood Rd, Fletcher, NC 28732-8634

    4,260 SF 1.11 ac lot Built 1998
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US53-4672556
    Property summary
    AI-generated overview

    This exceptional 1.73-acre parcel presents a remarkable development opportunity in Fletcher, North Carolina. Located just half a mile from Airport Road, this commercially and industrially zoned land (Fletcher C2) offers unparalleled accessibility and visibility. The property is notably flat and cleared, simplifying site preparation and reducing development costs. Access to public utilities is readily available, streamlining the construction process. The expansive lot size allows for a wide range of permitted uses, as detailed in the accompanying brochure. This strategic location benefits from its proximity to Airport Road, a major thoroughfare, ensuring high traffic volume and excellent exposure for any future development. Adding to its appeal, this property directly adjoins a recently acquired 8+ acre parcel by an automotive group, suggesting a growing and dynamic commercial landscape in the immediate vicinity. This presents a unique chance to capitalize on the area's expanding commercial sector and establish a significant presence in a thriving location. The asking price for this exceptional property is $999,000. Detailed zoning information and permitted uses are available upon request. Don't miss this chance to secure a prime piece of Fletcher real estate.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1998
    Total area 4,260 SF
    Lot 1.11 ac (48,352 SF)
    Zoning code 10008244~C-2
    APN 9643826559
    UPID US53-4672556
    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
    • Blue Ghost Brewing Company Production Facility Brewery & Distillery
    • Southeast Willys Jeep Get Together Hotel & Motel Resort
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    M Jane A LLC · 2 yrs held
    M Jane A LLC
    since 2024
    2 recorded transactions
    2024
    2020
    Zoning & alternative use
    10008244~C-2 · Fletcher, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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