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    OFF-MARKET
    Land

    0 Walnut Hollow Rd, Brevard, NC 28712

    50.59 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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