Property profile

100 Ivywood Ln Laurel Park, NC 28739

FOR SALE
Residential land & home lots
Property ID
US53-1139526
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Property summary

AI-generated overview

The community of Somersby Park is comprised of 160 acres. Picturesque in nature yet minutes to downtown eateries & shopping. Community affords stunning scenery, ponds, waterfalls & hiking trails. The lot itself is located in a cul-de-sac, which offers more privacy. There is a bit of an incline from the road however, the topography is relatively level which makes this a unique opportunity and less expense incurred for a build. It appears, winter views would be possible. Lot is studded with hardwoods. Community is outfitted with a STEP septic system. Septic Tank with Effluent Pumping. Home owner would be required to install conventional tank, but effluent is pumped into community lines that is then pumped to Hendersonville. Community lines do not necessarily limit the number of bedrooms, builder will be able to determine. Views

Property profile

Verified
Property type Residential land & home lots
UPID US53-1139526

Cap rate & NOI

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

Location

100 Ivywood Ln Laurel Park, NC 28739
Laurel Park metro
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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