Commercial Land with Highway
For Sale
$425,000
20826 Great Smoky Mountain Expressway, Waynesville, NC 28786
The site includes a former motel, a house, and another building, with substantial work needed to address motel roof-related water damage.
Property SizeContact for details
Days on Market299
Property Features for 20826 Great Smoky Mountain Expressway
General Information
Standard status
Active
Total Parking Spaces
15
Property subtype
Commercial
Building Details
Year Built
1958
Buildings
4
Stories
2
Listing Agency:
Keller Williams Great Smokies
(828) 926-5155
Listed By:
Matthew Wells · License #344905
(828) 734-6930
Source:
Homespuninvestmentrealty
Added: Jan 5
Changed: Oct 28
Last Checked: Oct 30 at 11:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Great Smokies
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Investment Insights
Based on property information with market context.
This 2.3±-acre commercial land parcel contains the former Balsam Motel, a residential house, and an additional building. The motel comprises 12 units and sustained extensive water damage from a long-term roof leak. It was last operated as a motel in the early to mid-1990s. The property was built in 1958, and substantial work is needed across the site.
The parcel fronts the Great Smoky Mountain Expressway (US-23/74), with 390+ feet along the four-lane highway and direct highway access. Average daily traffic exceeds 24,000 vehicles. The Blue Ridge Parkway is less than .4 mile away, and the property is located between Waynesville and Sylva.
The parcel fronts the Great Smoky Mountain Expressway (US-23/74), with 390+ feet along the four-lane highway and direct highway access. Average daily traffic exceeds 24,000 vehicles. The Blue Ridge Parkway is less than .4 mile away, and the property is located between Waynesville and Sylva.
Key Highlights
- 2.3± acres of commercial land
- 390+ feet of frontage on the Great Smoky Mountain Expressway (US‑23/74)
- Average daily traffic exceeds 24,000 vehicles
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Current Use
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
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Business Placement
Demographics for 28786, NC
21,204
Population
12,064
Households
1.8
Avg Household Size
50
Median Age
32%
College-Educated
91%
High-School Grad
73.0 sq mi
ZIP Area
290
Density / Sq Mi
$56,047
Median Household Income
$36,743
Median Earnings
$1,084
Median Rent
$266,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - The site includes a former motel, a house, and another building, with substantial work needed to address motel roof-related water damage.
Where is this commercial land located?
The property is located at 20826 Great Smoky Mountain Expressway Waynesville, NC.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2.3± acres of commercial land; 390+ feet of frontage on the Great Smoky Mountain Expressway (US‑23/74); Average daily traffic exceeds 24,000 vehicles
