Property summary
This exceptional offering presents two prime retail outparcels in Banner Elk, North Carolina, ideally situated at 2015 Tynecastle Hwy, zip code 28604. The property boasts a highly desirable location adjacent to a Lowe's Home Improvement Center, ensuring excellent visibility and convenient access for potential businesses. Two lots are available, providing flexibility for various development plans. Lot 1 encompasses approximately 4.8 buildable acres, including an additional 6.1 acres featuring a pond and sloped areas. This lot offers significant potential for larger-scale retail development. Lot 2 comprises approximately 1.1 acres, providing a more compact option for smaller retail ventures. Both lots benefit from existing infrastructure, including readily available utilities, a completed stormwater management system, rough grading, and established driveways and roads. This turnkey opportunity minimizes development hurdles and allows for a swift commencement of construction. The property's location in Avery County, North Carolina, offers a thriving market and strong potential for return on investment. The combined acreage provides a unique opportunity for either individual development or a cohesive retail center. This is an exceptional chance to acquire prime retail land in a high-traffic area with significant growth potential.
Property profile
VerifiedCap rate & NOI
Current use
-
Atm
-
Bank Credit Union
-
Grocery & Convenience Store
-
Gas Station
-
Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2 · Banner Elk, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Banner Elk, NC.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.