48 Aly St Murphy, NC 28906
This exceptional commercial property, located at 48 Alley Street in the heart of Murphy, North Carolina, presents a unique investment opportunity. Priced at $250,000, this building offers significant potential for a variety of commercial uses. Situated just off the main thoroughfare, it benefits from convenient access and ample public parking directly across the street, ensuring easy customer access. The property's proximity to the vibrant downtown area of Murphy provides excellent visibility and foot traffic. The building itself is ready for a new owner to bring their vision to life, offering a blank canvas for customization and development. This is an ideal location for entrepreneurs and investors seeking a strong foothold in a thriving community. Note that an adjacent commercial property is also available for purchase, presenting a compelling opportunity to acquire two contiguous properties for expanded operations or a larger investment portfolio. The absence of a listed square footage allows for flexible planning and development based on the buyer's specific needs. This is a rare chance to secure a prime commercial space in a desirable downtown location. Serious inquiries are encouraged to explore the possibilities this property offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
GB · Murphy, NCMurphy. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.