Property profile

5 Pensacola Rd Burnsville, NC 28714

OFF-MARKET
Commercial real estate
Property ID
US53-3478365
4.37 ac lot Built 1947
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Property summary

AI-generated overview

This exceptional 4.37-acre commercial property presents a unique investment opportunity in the thriving town of Burnsville, North Carolina. Strategically located at a bustling intersection with triple road frontage along US Highway 19E Bypass, Pensacola Road, and East Main Street, this versatile land offers unparalleled exposure and accessibility. The property is zoned C-2 Commercial, allowing for a wide range of development possibilities, including stand-alone retail, mixed-use developments incorporating residential spaces, or hospitality projects such as hotels or motels. The site is comprised of two tracts, Tract 1 encompassing 3.23 acres and Tract 2 covering 1.14 acres, as detailed in the provided survey. Currently, seven structures are situated on the property, including a store building and a brick house, all leased on a month-to-month basis, generating a current monthly rental income of $5,350. It's important to note that the seller provides no warranties on the existing structures. This prime location, combined with its high traffic volume and flexible zoning, makes this an outstanding opportunity for significant returns in a dynamic and growing market. The asking price for this exceptional commercial property is $2,550,000.

Property profile

Verified
Property type Commercial real estate
Year built 1947
Lot 4.37 ac (190,357 SF)
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

Location

5 Pensacola Rd Burnsville, NC 28714
Burnsville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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