9999 Smokey Park Hwy Candler, NC 28715
- Commercial real estate
- 12.47 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 9999 Smokey Park Hwy
- Lot size
- 12.47 lot acres
- Property type
- Commercial real estate
Description
This exceptional 12.47-acre parcel presents a unique investment opportunity in Candler, North Carolina. Situated at 9999 Smokey Park Highway, this expansive property boasts a prime location at the western edge of Buncombe County, conveniently located approximately 20 minutes from downtown Asheville. The land's history includes the former site of the Historic Turnpike Hotel, a landmark dating back to the 1860s, which comprised two hotel buildings and a store. The property's rolling pasture offers remarkable versatility, suitable for a wide range of development projects. Potential uses include warehousing or light industrial facilities, multi-family residential development, a tiny home community, a manufactured home park, a large residential estate, or a residential subdivision. Creative uses such as event spaces or wedding venues are also highly feasible. A significant asset is the presence of Hominy Creek, a picturesque stream that bisects the property. Furthermore, a railway line runs through the property, presenting a potential utility that requires verification by the buyer. Excellent road frontage along Smokey Park Highway ensures convenient access for any chosen development concept. Priced at $675,000, this property represents a compelling opportunity for investors seeking a large-scale development project in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Candler
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.7611
- Latitude
- 35.5396
