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    5 Noland Downs Rd, Unit Waynesville Waynesville, NC 28785

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    For Sale
    $1,300,000

    2.58 acres of land suitable for commercial or residential development.

    Property Features for 5 Noland Downs Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1952

    Source: HOWARD HANNA BEVERLY-HANKS WAYNESVILLE Agent BRIAN K. NOLAND

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    2.58 Acre Commercial Land Opportunity

    This 2.58-acre property features over 350 feet of road frontage and long-range views. The land is described as pristine and level-to-rolling pasture. The property is not zoned, allowing for residential, commercial, or multipurpose use. It is located approximately 100 yards from a five-lane intersection with high traffic volume, situated behind a Dunkin’ Donuts and Dollar General. The site includes a 2,200+ square foot brick ranch featuring a 10x20 covered front porch, three bedrooms, three bathrooms, abundant natural light, and a large living/dining room. There is also an 1,800+ square foot unfinished basement. A 103-year-old cabin and barn are present, awaiting restoration. Public water and sewer are available, making the property suitable for a private estate, commercial development, or a mixed-use project.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Auto Parts Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waynesville
    County
    Haywood
    State
    North Carolina
    Longitude
    -82.9846223
    Latitude
    35.5258955

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    FAQs

    What type of property is this?
    Commercial land - 2.58 acres of land suitable for commercial or residential development.
    Where is this commercial land located?
    The property is located at 5 Noland Downs Rd, Unit Waynesville Waynesville, NC.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Unrestricted zoning permits residential, commercial, or mixed-use development.; - **Prime location with 350+ feet of road frontage and high visibility near a major intersection.**; - Large 2.58-acre level-to-rolling pasture.
    (828) 452-5809
    Request Owner's contact information
    5 Noland Downs Rd, Unit Waynesville Waynesville, NC 28785
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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
    5 Noland Downs Rd, Unit Waynesville Waynesville, NC 28785
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