Property profile

0 Walnut Hollow Rd Brevard, NC 28712

OFF-MARKET
Land
50.59 ac lot
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Property summary

AI-generated overview

Exceptional 50.59-acre commercial land parcel in Transylvania County, North Carolina, is now available for $1,120,000. This unrestricted property boasts stunning southeastern mountain views and rolling topography. The land features excellent access and frontage along the state-maintained Walnut Hollow Road, a scenic route popular with cyclists, situated near the East Fork River. Two or more creeks traverse the property, presenting an opportunity to create a pond, subject to permitting. The property is abundant with wildlife. Significant improvements have already been made, including extensive forestry mulching and cleanup across much of the previously cleared land, providing easy access to the diverse, relatively gentle slopes. The location offers convenient access to world-class trout fishing on the East Fork River, and a short 12-minute drive leads to the amenities of downtown Brevard, including restaurants and shopping. A virtual tour is available online. All showings require prior scheduling.

Property profile

Verified
Property type Land
Lot 50.59 ac (2,203,700 SF)

Cap rate & NOI

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

Location

Walnut Hollow Rd Brevard, NC 28712
Brevard metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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