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1545 U. S. Highway 421 - Outstanding 4.20 +- Acre Assemblage In Boone 4.16 Acres of Commercial Land Offered at $4,995,000 in Boone, NC 28607
Executive Summary
The three parcel assemblage fronting a main commercial corridor in Boone has just recently been offered for sale for the first time. The property is zoned B-3, General Business, and is located in a strong commercial growth area in Boone with retail shopping centers, hotels, convenience stores, restaurants, public schools, automobile dealerships, and multifamily housing nearby.
A number of additional developments are currently being planned in the vicinity, and should be under construction in the near future. There is easy access from the property on East King St. to Appalachian State University and downtown Boone. The eastern property line borders a 60' public right-of-way (Yosef Drive), and with a driveway permit would access U. S. Highway 421; thus, possibly providing at least two points of ingress/egress to the development.
The buildings on the property facing the highway do not add any value, and no representations are made. This is a great opportunity to develop a commercial project with significant highway exposure in a vibrant, well located area of the beautiful High Country of North Carolina!!
Property Facts
| Price | $4,995,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.16 AC |
| Property Type | Land | ||
| Zoning | B-3 - General Business | ||
| Price | $4,995,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.16 AC |
| Zoning | B-3 - General Business |
1 Lot Available
Lot
| Price | $4,995,000 | Lot Size | 4.16 AC |
| Price Per AC | $1,200,721.15 |
| Price | $4,995,000 |
| Price Per AC | $1,200,721.15 |
| Lot Size | 4.16 AC |
Description
This outstanding 4.20 +- acre corner tract with major highway frontage on busy U. S. Hwy. 421 South in Boone, North Carolina is ideally suited for a variety of commercial uses. The three parcel assemblage fronting a main commercial corridor in Boone has just recently been offered for sale for the first time. The property is zoned B-3, General Business, and is located in a strong commercial growth area in Boone with retail shopping centers, hotels, convenience stores, restaurants, public schools, automobile dealerships, and multifamily housing nearby. A number of additional developments are currently being planned in the vicinity, and should be under construction in the near future. There is easy access from the property on East King St. to Appalachian State University and downtown Boone. The eastern property line borders a 60' public right-of-way (Yosef Drive), and with a driveway permit would access U. S. Highway 421; thus, possibly providing at least two points of ingress/egress to the development. The buildings on the property facing the highway do not add any value, and no representations are made. This is a great opportunity to develop a commercial project with significant highway exposure in a vibrant, well located area of the beautiful High Country of North Carolina!!
Property Taxes
| Parcel Numbers | Improvements Assessment | $517,370 | |
| Land Assessment | $1,554,000 | Total Assessment | $2,071,370 |
Property Taxes
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1545 U. S. Highway 421 - Outstanding 4.20 +- Acre Assemblage In Boone