801 North Buffalo Street
- 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.
Property Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $575,000 |
| Lot Size: | 0.63 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout