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    Lyle Wilson Rd Cullowhee, NC 28723

    For Sale
    $1,200,000

    14 Acres near WCU, Development Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 14.14-acre commercial property presents a unique investment opportunity in the thriving Cullowhee, NC area. Ideally situated within walking distance of Western Carolina University (WCU) and directly behind Cullowhee Valley School, this location offers unparalleled access to a large and diverse population base. Currently utilized as a mobile home park, the existing structures are considered to have no value and are not included in the asking price. The land itself holds significant potential for redevelopment, given its prime location and zoning. The property boasts convenient access to TWSA sewer and water services, simplifying the development process. The single-family zoning allows for a variety of development options, from residential to commercial projects, catering to the growing needs of the community and the university. This presents a rare chance to acquire a substantial land parcel in a high-demand area, ripe for a visionary project. The substantial acreage offers ample space for a variety of development plans, making it an attractive proposition for both experienced developers and investors seeking a high-return opportunity. The proximity to WCU and the local school ensures a consistent flow of potential residents and customers. This is a blank canvas for a project that will shape the future of Cullowhee. Serious inquiries are encouraged. The asking price is $1,200,000.

    Property Features for Lyle Wilson Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    615,938 SF

    Building Details

    Year Built
    1701
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cullowhee
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.18063
    Latitude
    35.29778

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    FAQs

    What type of property is this?
    Commercial real estate - 14 Acres near WCU, Development Potential
    Where is this commercial real estate located?
    The property is located at Lyle Wilson Rd Cullowhee, NC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (828) 586-3442
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Lyle Wilson Rd Cullowhee, NC 28723
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