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    000 Russ Ave Waynesville, NC 28786

    For Sale
    $789,000

    Prime Waynesville commercial acreage, city utilities.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 9.29-acre parcel presents a remarkable opportunity for commercial development in Waynesville, NC. Strategically located in the ETJ (Extra Territorial Jurisdiction) of Waynesville, this expansive property boasts convenient access via two points of entry off Russ Avenue and one access point from Golf Course Road, ensuring excellent visibility and accessibility. City water and sewer services are readily available, simplifying infrastructure needs and reducing development costs. The property's generous size makes it ideally suited for a variety of commercial ventures, including multi-family housing developments. The versatility of this land allows for a wide range of potential uses, catering to diverse business needs. The property includes two distinct parcel identification numbers (PINs): 8616-46-0500 and 8616-36-9614, providing clear and concise ownership documentation. This is a rare opportunity to acquire a substantial commercial land holding in a desirable location with excellent infrastructure support. Its prime location and ample space offer significant potential for substantial return on investment. Don't miss this chance to secure this exceptional property and shape its future. Contact us today to learn more and schedule a viewing.

    Property Features for 000 Russ Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    404,672 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waynesville
    County
    Haywood
    State
    North Carolina
    Longitude
    -82.98514
    Latitude
    35.49715

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Waynesville commercial acreage, city utilities.
    Where is this commercial real estate located?
    The property is located at 000 Russ Ave Waynesville, NC.
    What is the asking price?
    The asking price for this property is $789,000.
    (828) 452-5809
    Request Owner's contact information
    000 Russ Ave Waynesville, NC 28786
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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
    000 Russ Ave Waynesville, NC 28786
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