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$ 199,000
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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1190725
HOA Y/N No
Year Built 2024
Property Sub-Type Investment
Source Triad MLS
Property Description
Prime Investment Opportunity on US Hwy 421 – 0.93+/- Acres with Income-Producing Building! Located between Wilkesboro and Boone, this 0.93+/- acre property features an 880 sq ft stick-built storage building on a concrete slab with high-end finishes and a commercial tenant already in place. With no restrictions found, the development potential is limitless—perfect for expanding, adding additional structures, or repurposing for your vision. Benefit from the 8% cap rate and prime exposure with an NCDOT traffic count of approximately 20,000 vehicles per day. The existing rental income makes this an excellent candidate for a 1031 exchange or for any investor looking to grow their real estate portfolio. This is your chance to secure a versatile property in a high-visibility location with strong income potential. Don't miss out on this rare opportunity!
Location
State NC
County Wilkes
Exterior
Landscape Description Cleared Land,Mountain View,View
Building
Lot Description Cleared, Views
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Chris Goforth of eXp Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1677 Westchester Drive, Suite 143, Point, Carolina, 27262, United States
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