Dollar General Adjacent 0.93 Acre

Land Description

RI Marketplace Online Auction Dec. 4-6, 2023.

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Investment Highlights

±0.93 AC of Land in Spruce Pine, NC with 9,539 VPD Traffic Counts Passing Site Daily

Population of ±10,039 and Average Household Income of ±$61,960 (5-Mile Radius)

Flexible C-3, Highway Business District Zoning with Permitted Uses including Retail, Restaurant, Motel, Self-Service Laundry, and more

Federal Opportunity Zone

Nearby Retail: Dollar General, Valero, Ingles Market | Blue Ridge Regional Hospital (±1.3 Miles)

Absolute $1 Auction - NO Reserve

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±0.93-Acre land parcel located adjacent to 6159 Us-19E (the “Property”) in Spruce Pine, North Carolina approximately 50 miles northeast of Asheville. This Property offers an exceptional investment opportunity via development and First BID Meets Reserve.

The Property is a ±0.93-Acre parcel with visibility on Us-19E and traffic counts of ±9,539 vehicles per day. The Property benefits from proximity to a strong commercial node and nearby retailers include Dollar General, Valero, Ingles Market, Starbucks, and more. Additionally, this vacant land is positioned near some of the area's largest employers and is just ±1.3 miles from Blue Ridge Regional Hospital and East Carolina University School of Dental Medicine. The Property is zoned C-3, Highway Business District with permitted uses including retail, restaurant, motel, self-service laundry, and more.

Situated in the heart of North Carolina's picturesque Blue Ridge Mountains, Spruce Pine is a captivating destination for investors seeking both natural beauty and economic potential. The 5-mile trade area is supported by ±10,039 residents boasting an average household income of ±$61,960.

Jerry E. King

King Auction & Realty Co., Inc.

License: 1010

Nc Broker's license: 22778