5 Pensacola Rd, Burnsville, NC 28714
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!
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.