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2.58 Acre Commercial Land Opportunity
For Sale
$1,300,000

5 Noland Downs Road, Waynesville, NC 28785

2.58 acres of land suitable for commercial or residential development.

Days on Market345

Property Features for 5 Noland Downs Road

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1952
Listing Agency: HOWARD HANNA BEVERLY-HANKS WAYNESVILLE
Listed By: BRIAN K. NOLAND · License #NC 263678
Source: Corcoran
Added: Aug 22, 2025 Changed: Jul 6 Last Checked: Jul 31 at 6:01AM

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 HOWARD HANNA BEVERLY-HANKS WAYNESVILLE

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Hair Salon Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

207
Businesses Nearby

Demographics for 28785, NC

8,238
Population
4,831
Households
1.7
Avg Household Size
53
Median Age
33%
College-Educated
90%
High-School Grad
168.4 sq mi
ZIP Area
49
Density / Sq Mi
$63,750
Median Household Income
$41,733
Median Earnings
$1,100
Median Rent
$282,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

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 Road 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.
More about this property
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