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    Northridge Commons Pkwy Weaverville, NC 28787

    Sponsored
    For Sale
    $1,500,000

    4.53 Acres, Prime Location, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.53-acre commercial land parcel, identified as Parcel #1, presents a remarkable investment opportunity within the thriving Northridge Commons Shopping Center in Weaverville, North Carolina. Situated in Buncombe County, with the address 99999 Northridge Commons Parkway #1, and APN 9732-78-9724-00000, this property boasts unparalleled visibility and accessibility. Its strategic location directly off I-26, a major thoroughfare with over 50,000 vehicles daily, and its proximity to Weaver Boulevard (18,904 daily traffic count) ensures high exposure for any development. The site is ideally positioned adjacent to recently constructed Hobby Lobby, Marshalls, and Dollar General stores, further enhancing its desirability. Northridge Commons is anchored by numerous nationally recognized brands, including Lowe's, Walmart Supercenter, Sonic, and GameStop, creating a robust and established retail environment. Zoned C-2, this parcel is perfectly suited for a hotel or other significant commercial development. Importantly, this property was unaffected by Hurricane Helene and is available for immediate purchase at an asking price of $1,500,000. Note that three additional outparcels are also available within the center. This is a rare opportunity to acquire a prime commercial land parcel in a high-growth area with exceptional visibility and access.

    Property Features for 0 Northridge Commons Pkwy

    General Information

    Property type
    Land
    Lot Size
    197,327 SF

    HighLights

    • Outparcel 1 of 4 at Northridge Commons Shopping Center.
    • 4.53‑acre site adjacent to Hobby Lobby, Marshalls, and Dollar General; strong co‑tenancy including Lowe's, Walmart, and other national brands.
    • Excellent visibility and access from I‑26 (50,000+ VPD) and Weaver Blvd (18,904 VPD).
    • Ideal for hotel or other commercial development.
    • Three additional outparcels available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Weaverville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.578037
    Latitude
    35.700009

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    FAQs

    What type of property is this?
    Land - 4.53 Acres, Prime Location, High Traffic
    Where is this land located?
    The property is located at Northridge Commons Pkwy Weaverville, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Outparcel 1 of 4 at Northridge Commons Shopping Center.; 4.53-acre site adjacent to Hobby Lobby, Marshalls, and Dollar General; strong co-tenancy including Lowe's, Walmart, and other national brands.; Excellent visibility and access from I-26 (50,000+ VPD) and Weaver Blvd (18,904 VPD).
    (828) 210-3940
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    Northridge Commons Pkwy Weaverville, NC 28787
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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
    Northridge Commons Pkwy Weaverville, NC 28787
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