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Property profile

305 Sluder Branch Rd Leicester, NC 28748

OFF-MARKET
Commercial real estate
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31.33 ac lot Built 2011

Property summary

AI-generated overview

This exceptional 31.33-acre property in Leicester, NC, presents a unique opportunity. A beautifully maintained historic farm, it's been thoughtfully converted into a fully equipped event venue. The centerpiece is a spectacular barn, featuring a large event hall accommodating over 200 guests, modern restrooms, ample dressing rooms, and two fully equipped kitchens (catering and cooking). Two expansive 60-foot porches, each with built-in bars, offer additional space. A rustic lower level adds versatility. A smaller, converted milking barn with a silo bar provides a more intimate setting. The meticulously restored 1911 farmhouse seamlessly blends modern amenities – central heating and air conditioning, Wi-Fi, television, and a sound system – with the original charm of a turn-of-the-century farmhouse. The picturesque landscape includes mature hardwood trees, a spacious grassy meadow, inviting oak-lined paths, and a tranquil pond. Enjoy the serene privacy of mountain living while being conveniently located less than 20 minutes from downtown Asheville. This turnkey event venue offers significant potential for income generation and is priced at $2,500,000.

Property profile

Verified
Property type Commercial real estate
Year built 2011
Lot 31.33 ac (1,364,735 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Wedding Service

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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