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    OFF-MARKET
    Land

    99999 Reynolds Mountain Blvd, Woodfin, NC 28804

    3.03 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.03-acre commercial land parcel, located at 99999 Reynolds Mountain Boulevard in Woodfin, North Carolina (zip code 28804), presents a unique investment opportunity. Boasting approximately 250 feet of street frontage, the property enjoys excellent visibility from I-26, a major thoroughfare with an impressive 52,500 average daily traffic count. The site is zoned as Community Shopping District, allowing for a diverse range of development possibilities. Preliminary analysis suggests potential uses including a mainstream brand hotel (the area is currently underserved in this sector), multi-family residential, or retail establishments. The property's location within close proximity to Reynolds Mountain Village and Grove Park places it within a high-income demographic area

    Property profile
    Verified
    Property type Land
    Lot 3.03 ac (131,987 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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