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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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301 Np And L Loop , Franklin, NC 28734
$5,500,000
Est. Payment: $30,910.19/mo
33426 Sqft
6.62 Acres
Status: active | Days on site: 9
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NCM12573 - R11425
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Terri Bias
Operator/Brokerage Owner

House Description

A rare opportunity to acquire a landmark 33,644 SF office building in the heart of Western North Carolina - ideally suited for an owner-user, investor, or redeveloper seeking a high-visibility asset at a compelling basis well below tax value and replacement cost. Situated on 6.62 acres with exceptional Hwy 441 N. frontage, this fully infrastructure-equipped building offers immediate repositioning potential in one of the region's most desirable mountain markets. The property boasts a robust physical infrastructure package rarely found outside major metro corridors: a large on-site diesel backup generator, enterprise-grade fiber connectivity, multiple HVAC units with air handlers on three floors, a comprehensive fire alarm system throughout, and a 3-stop elevator serving both stories. A thoughtfully designed 110-room layout across two floors featuring 9-foot ceilings and a slab foundation provides exceptional flexibility for a wide range of end uses, while approximately 155 surface parking spaces ensure operational capacity for high-traffic occupancy. Franklin and Macon County represent one of Western North Carolina's most dynamic growth markets, attracting healthcare systems, government agencies, technology firms, educational institutions, and mixed-use developers alike. Whether repositioned as a medical campus, government services hub, regional tech office, higher education facility, or a creative mixed-use redevelopment, this asset offers the scale, visibility, and infrastructure to support virtually any institutional or commercial vision at a basis that makes the numbers work from day one.

Highlights

Listed by Jake Mossman , 828-367-9148 Keller Williams Professionals , 828-658-1900. Canopy MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
6.62

Year Built

1997

County

Macon

Listing ID

4427700

Questions about this listing?

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Interior Features

Appliances:Bar Fridge, Ice Maker, Refrigerator
Air Cond:Central Air,Ductless,Electric,Heat Pump,Multi Units
Fireplaces:
Water:City

Exterior Features

Lot:Level
Garage Capacity:155
Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:Parking Lot
Principal Interest
$30,910
Taxes
$3,506

Home Price

$5,500,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$1,100,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$30,910.19

Principal

Taxes

Principal Taxes HOA Total
Monthly $30,910.19 $3,506.25 $0.00 $34,416.44
Yearly $370,922.25 $42,075.00 $0.00 $412,997.25
Total $11,127,667.37 $1,262,250.00 $0.00 $12,389,917.37

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Franklin, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-14T09:50:06.000Z

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