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    FOR SALE
    Commercial real estate

    4294 Linville Falls Hwy Newland, NC 28657

    2.99 ac lot
    Property ID
    US53-2901430
    4294 Linville Falls Hwy, Newland, NC 28657 For Sale 1 / 27
    $700,000
    4294 Linville Falls Hwy, Newland, NC 28657
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    Property summary
    AI-generated overview

    This exceptional 2.99-acre commercial property in Newland, North Carolina (zip code 28657), presents a unique investment opportunity. Located at 4294 Linville Falls Highway, the property includes a well-established landscaping, arts, and crafts business with over 40 years of history and a loyal customer base. The sale encompasses the land itself, a large showroom featuring new LED lighting and a new metal roof, a spacious retail shop with outdoor plant displays and canopies, and multiple outbuildings. These include four greenhouses totaling 1705 square feet (two heated), and several potting sheds. Additional storage is available in a 1085-square-foot secondary home on the premises, ideal for renovation. The property boasts two wells, ensuring a reliable water supply. All inventory at the time of sale, and a delivery truck, are included. The current business model includes plant sales, rustic furniture, and diverse landscaping services, offering significant potential for expansion. This turnkey operation is priced at $700,000. The property's location in Avery County provides excellent visibility and access.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.99 ac (130,244 SF)
    UPID US53-2901430
    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
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    4294 Linville Falls Hwy, Newland, NC, 28657
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