9140 W US Highway 421 - Specialty FOR SALE


Ferguson, NC 28624
$199,000 USD
828-493-9009
9140 W US Highway 421, Ferguson, NC for Sale
$199,000 USD
Specialty - FOR SALE
1/5
null | 8% Cap Rate

9140 W US Highway 421
Ferguson, NC 28624


HIGHLIGHTS

  • 20,000 NCDOT Traffic Count

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$199,000 USD

PRICE/SF

$226 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

0.93+/- Acres Unrestricted Land with Building

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

None

APN/PARCEL ID

0900530

ASK ABOUT THIS PROPERTY

Chris GofortheXp RealtyMore Info
828-493-9009

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Chris GofortheXp RealtyMore Info
828-493-9009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.