000 Russ Ave Waynesville, NC 28786
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.