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    120 Pennwill Pkwy West Jefferson, NC 28694

    For Sale
    $285,000

    Commercial - West Jefferson, NC

    Lot size:
    0.66 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 120 Pennwill Pkwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.66 Acres

    Building Details

    Year built
    1990
    Building materials
    Frame
    Architectural style
    Other

    Realty ONE Group Results (336) 262-3111 [email protected]

    Listing agent Chris Barr (336) 262-3111

    Listing date Nov 6, 2025

    MLS# 258666 Listing URL

    Copyright © 2025 High Country Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Commercial Property in West Jefferson

    This 0.658-acre property, zoned for highway commercial use, presents an opportunity in West Jefferson. It is suitable for mixed-use development, allowing for retail or business operations on the ground floor with residential space above. Subject to a special use permit and approval from the Town of West Jefferson, the property could also be used solely for residential purposes. The location offers visibility from both 221 Business and Mt. Jefferson Road. A building measuring 46.25 x 10.25 feet is situated on the property, featuring three rooms and a bathroom equipped with a separate stand-up shower. The smallest of the three rooms includes washer and dryer hookups near the side deck entry. The building is connected to town water and sewer services and is being sold in "as is" condition. The property benefits from an annual average daily traffic count of 9,300 (2021 stat).
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    West Jefferson
    County
    Ashe
    State
    North Carolina
    Longitude
    -81.4709
    Latitude
    36.358

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    FAQs

    What type of property is this?
    Commercial land - Zoned highway commercial property suitable for mixed-use development.
    Where is this commercial land located?
    The property is located at 120 Pennwill Pkwy West Jefferson, NC.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Zoned highway commercial property with mix-use potential (retail/business and residential).; - High visibility from 221 Business and Mt. Jefferson Road.; - Prominent commercial location sitting above the road.
    (336) 262-3111
    Request Owner's contact information
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    West Jefferson, NC 28694
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Pennwill Pkwy West Jefferson, NC 28694
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