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    OFF-MARKET
    Land

    89 Rufus Robinson Rd, Sylva, NC 28779

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10.8-acre commercial land parcel presents a unique investment opportunity in Sylva, North Carolina, a rapidly growing area of Western North Carolina. Situated on the heavily trafficked US 441 corridor, this property enjoys prime visibility and accessibility, benefiting from its proximity to Harrah's Cherokee Casino and the Great Smoky Mountains National Park. The land is partially zoned Dillsboro C2, allowing for a range of mixed-use development possibilities. A significant portion of the site is already graded to a relatively flat surface, minimizing site preparation costs. Essential utilities are readily available, including water, sewer, three-phase power, and natural gas, streamlining the development process. The property consists of portions of parcels 7632-11-2037 and 7632-10-7669, and while there are some deed restrictions, the lot offers flexibility with the potential for subdivision or expansion. This strategic location, coupled with the existing infrastructure and zoning, makes this a highly attractive investment for developers seeking a prime location in a thriving market. The asking price for this exceptional property is $2,699,000.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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
    Current use
    Occupant on record · Public records
    • Microtel Inn & Suites by Wyndham Sylva Dillsboro Area Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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