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Investment Highlights

  • Zoned General Business (GB) supporting commercial, residential, or mixed-use applications.
  • Two pre-established access points from Ransom Street for flexible design options.
  • Direct frontage and strong visibility along Highway 321 Valley Boulevard.

Executive Summary

This two-plus-acre tract is an exceptional investment for commercial, residential, or mixed-use development. The desirable General Business GB zoning permits high value applications, including short-term rentals, boutique hotel, restaurant or a prime shopping areas. Another option might be a condominium/townhome development. The property features unparalleled visibility and high traffic exposure directly on Highway 321 Valley Boulevard, ensuring maximum customer recognition. Two accesses are already existing from Ransom Street for multiple options. A key amenity is the easy short walk directly into charming downtown Blowing Rock and its popular attractions benefiting future residents and guests. With all major utilities already in place the development timeline is significantly streamlined and costs are reduced. The existing structure has no value, and the land is offered strictly as is.

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Property Facts

Price $2,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Hospitality
Total Lot Size 2.00 AC
Zoning GB - General Business

1 Lot Available

Lot 1

Price $2,000,000
Price Per AC $1,000,000.00
Lot Size 2.00 AC

The property consists of an approximately two-acre tract located at Highway 321 Valley Boulevard in Blowing Rock, North Carolina. The site contains an existing structure that is not considered part of the offering. Major utilities are present on the

Description

The property consists of an approximately two-acre tract located at Highway 321 Valley Boulevard in Blowing Rock, North Carolina. The site contains an existing structure that is not considered part of the offering. Major utilities are present on the property. It is zoned General Business (GB), which allows for a range of commercial and residential uses. There are two recorded access points from Ransom Street, and the parcel has direct roadway frontage on Highway 321. The location is within close proximity to the central business district of Blowing Rock and is accessible by foot from downtown.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
2817-04-9465-000
Land Assessment
$542,200
Improvements Assessment
$139,300
Total Assessment
$681,500
  • Listing ID: 40499971

  • Date on Market: 5/12/2026

  • Last Updated:

  • Address: 986 Ransom St, Blowing Rock, NC 28605

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