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Property profile & analytics
OFF-MARKET
Commercial real estate

000 Russ Ave Waynesville, NC 28786

9.29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.29-acre parcel presents a remarkable opportunity for commercial development in Waynesville, NC. Strategically located in the ETJ (Extra Territorial Jurisdiction) of Waynesville, this expansive property boasts convenient access via two points of entry off Russ Avenue and one access point from Golf Course Road, ensuring excellent visibility and accessibility. City water and sewer services are readily available, simplifying infrastructure needs and reducing development costs. The property's generous size makes it ideally suited for a variety of commercial ventures, including multi-family housing developments. The versatility of this land allows for a wide range of potential uses, catering to diverse business needs. The property includes two distinct parcel identification numbers (PINs): 8616-46-0500 and 8616-36-9614, providing clear and concise ownership documentation. This is a rare opportunity to acquire a substantial commercial land holding in a desirable location with excellent infrastructure support. Its prime location and ample space offer significant potential for substantial return on investment. Don't miss this chance to secure this exceptional property and shape its future. Contact us today to learn more and schedule a viewing.

Property profile
Verified
Property type Commercial real estate
Lot 9.29 ac (404,672 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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