1846 US-421

Vacant Land for Sale
1846 US-421
Catylist Listing ID: 30208222
Gross Land Area: 1.68 Acres
Sale Price: $1,200,000
Unit Price: $715,563 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 2/21/2018

Overview / Comments

This property is a 1.677 acre B-3 commercial site located within the Town of Boone corporate limits along US Highway 421. This site is located on what is considered the going home side of US Highway 421. While this site is improved with an existing one story flex building, the improvements have limited to no contributory value to overall property value. The building improvement could be used on an interim basis while a redevelopment plan is being designed. The highest and best use of this site is for redevelopment to a more intensive commercial use. This site is located at the corner of North Hampton Road and US Highway 421, near the hard corner of Old East King Street/Industrial Drive and US Highway 421. The seller will entertain a build to suit for national credit tenants. This commercial corridor continues to see new and expanding growth to include a new Bojangles, car wash, Modern Toyota/Subaru dealership and Hampton Inn & Suites hotel. Mountaineer Village, a large student housing complex, and Watauga High School are located close by.

Additional Details

Nearest MSA: Boone
County: Watauga
Tax ID/APN: 2910-99-7414-000
Zoning: B-3

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,497 23,157 34,435
Median Age: 24.21 27.23 30.43
Households: 673 8,328 13,189
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