Property profile

25 Highland St Weaverville, NC 28787

FOR SALE
Residential land & home lots
Property ID
US53-0728777
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Property summary

AI-generated overview

Attention investors and developers! Rare, large, cleared and mostly level lot with access to city water/sewer. With over 120 ft of road frontage and 1.54 highly usable acres, this parcel is ideally suited for 4-6 homesites of generous size. Potential configuration could be a cul-de-sac or flag lots. Buyers and agents to verify the feasibility of building, usage and development. Established neighborhood has sidewalks and mature trees. Within walking distance of downtown Weaverville and only a 10 min drive to downtown Asheville. 1920's 5 bed 2 bath home in need of major renovations or removal. Home has no value. Seller states the roof is approx 10 years old and has an in-use underground oil tank. Two driveways are currently in place. Sewer easement along the back border of the property. Another sewerline mid-property could be rerouted if necessary. Newer storage shed on the property can be conveyed or removed. Some mountain views. Very peaceful, quiet location. Must see to appreciate. Cross-listed as SFR on 1.54 acres. PLEASE SCHEDULE ALL SHOWINGS INCLUDING LOT ONLY VISITS THROUGH SHOWINGTIME, SELLER LIVES IN HOME.

Property profile

Verified
Property type Residential land & home lots
UPID US53-0728777

Cap rate & NOI

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

Location

25 Highland St Weaverville, NC 28787
Weaverville 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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