Investment Overview
Road frontage along a busy thoroughfare, ensuring maximum exposure to both local residents and the thousands of tourists visiting the region annually. Its proximity to I-26 and key attractions like the Appalachian Trail and Nolichucky River makes it a magnet for traffic and drive-by visibility. At 0.63 acres, this parcel offers ample space for retail, office, medial office or restaurant with outdoor seating. The lot’s manageable size ensures cost-effective development while providing flexibility for creative designs, parking, and landscaping.
Nestled in the scenic Appalachian Highlands and part of the Tri-Cities region in a strategic Opportunity Zone and Qualified Census Tract, this is a Strategic Location with Tax Incentives, Zoning Flexibility, and Development Support. Located within both a Qualified Census Tract (QCT) and a federally designated Opportunity Zone, this site presents a highly strategic development opportunity.
The investment is ideal for capital partners seeking both upside and tax-advantaged structures. The eligibility opens the door for capital gains tax deferral and potential basis step-up, making it attractive to a wide range of institutional, private equity, and high-net-worth investors.
Investment Highlights
- Opportunity Zone (Tax Optimized)
- B2 local zone for wide range of commercial uses
- Convenient Interstate Access
- Highly developable parcel (level, street grade rectangle shape)
- Competitive price.