Property profile

0 Spinning Wheel Almond, NC 28702

OFF-MARKET
Land
2.68 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2.68-acre residential land parcel in Almond, North Carolina, presents a unique opportunity. Located in the desirable Fontana View community, this high-elevation knoll boasts potential for breathtaking views of the Great Smoky Mountain National Park and possibly Fontana Lake, after some tree removal. The property offers convenient access from two streets, and the well-maintained HOA roads ensure year-round usability. The lot is identified by APN 663200223651 and is currently owned by Safer. Buyers should note that the property requires the installation of a well and septic system. Fontana View's prime location provides easy access to Fontana Lake, marinas, the Nantahala River, excellent fishing opportunities, the Great Smoky Mountain National Park, the Tail of the Dragon, Bryson City, and more. The property's zoning is currently NONE, but potential subdivision is possible, subject to Swain County approval. This property has undergone a significant price reduction, exceeding 50%, to facilitate a quick sale. The address is Spinning Wheel Drive, Almond, NC 28702. This is a remarkable opportunity to acquire a piece of land with exceptional potential in a highly sought-after location.

Property profile

Verified
Property type Land
Lot 2.68 ac (116,741 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Spinning Wheel Almond, NC 28702
Almond metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Spinning Wheel?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message