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    OFF-MARKET
    Commercial land

    5 Pensacola Rd, Burnsville, NC 28714

    Built 1947
    Property ID
    US53-3478365
    Property summary
    AI-generated overview

    Prime 4.37 Acre Commercial Property with Triple Road Frontage Now Available in Burnsville! Unprecedented Opportunity for Diverse Commercial Investments at Bustling Intersection! Strategically positioned on east side of Burnsville w/frontage along US Hwy 19E ByPass, Pensacola Road and East Main Stre ... et, this rare and versatile commercial acreage is awaiting development! Zoned C-2 Commercial, accommodating various business ventures, property is ideal for stand-alone retail, mixed use retail w/upper residential spaces or hospitality projects like hotels/motels and other uses. High traffic junction, property comprises Tract 1 (3.23 Ac) and Tract 2 (1.14 Ac) as per attached survey. There are 7 structures presently located on property (including store building & brick house) that are leased month to month. Monthly rental income from buildings is $5,350. Sellers provide no warranties on existing structures. Tract #3 with frontage on Hwy 19E - 1.14 Acres may be purchased separately for $750,000 (MLS #4171092)! Seize this outstanding opportunity for substantial returns in a dynamic location!

    Property profile
    Verified
    Property type Commercial land
    Year built 1947
    UPID US53-3478365
    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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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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