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!
School Ratings & Info
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!
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