Average square foot calculated using Size range provided by listing agent.
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!Show Description
MLS® Number1190725
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2024
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/C
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing