The asteroid ranks as a 3 on the Torino Impact Hazard Scale, which means a close encounter that astronomers must pay attention to, because there is a 1% or greater chance of a collision in the next decade that would cause "localized destruction." The Torino scale ranges from 0, when there is no risk, to 10 when a collision is certain and poses a threat to the future of civilization as we know it.
In the unlikely event of an impact, the blast damage from this asteroid could reach as much as some 30 miles from the impact site.