Property summary
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
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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