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    OFF-MARKET
    Commercial real estate

    99999 Northridge Cmns Pkwy, Weaverville, NC 28787

    4.53 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.53-acre commercial parcel presents a unique investment opportunity in the thriving Northridge Commons Shopping Center in Weaverville, NC. Located at 99999 Northridge Commons Parkway Unit 1, this site is one of four available outparcels, offering unparalleled visibility and accessibility. Its strategic location directly abuts recently constructed Hobby Lobby, Marshalls, and Dollar General stores, benefiting from the significant foot traffic and brand recognition these established retailers provide. The property also enjoys proximity to other major national brands within the Northridge Commons center, including Lowe's, Walmart Supercenter, Sonic, and GameStop, ensuring a robust and diverse customer base. High traffic counts are guaranteed, with over 50,000 vehicles daily passing on I-26 and an additional 18,904 on Weaver Boulevard. The site's ideal location and substantial acreage make it perfectly suited for a hotel or other large-scale commercial development. Importantly, this property was unaffected by recent weather events and is ready for immediate development. Three additional outparcels are also available for purchase, presenting opportunities for larger-scale development or strategic investment. The asking price for this exceptional property is $1,500,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 4.53 ac (197,327 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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