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Property profile & analytics
OFF-MARKET
Commercial real estate

Lyle Wilson Rd Cullowhee, NC 28723

14.14 ac lot Built 1701
Property ID
Property summary
AI-generated overview

This exceptional 14.14-acre commercial property presents a unique investment opportunity in the thriving Cullowhee, NC area. Ideally situated within walking distance of Western Carolina University (WCU) and directly behind Cullowhee Valley School, this location offers unparalleled access to a large and diverse population base. Currently utilized as a mobile home park, the existing structures are considered to have no value and are not included in the asking price. The land itself holds significant potential for redevelopment, given its prime location and zoning. The property boasts convenient access to TWSA sewer and water services, simplifying the development process. The single-family zoning allows for a variety of development options, from residential to commercial projects, catering to the growing needs of the community and the university. This presents a rare chance to acquire a substantial land parcel in a high-demand area, ripe for a visionary project. The substantial acreage offers ample space for a variety of development plans, making it an attractive proposition for both experienced developers and investors seeking a high-return opportunity. The proximity to WCU and the local school ensures a consistent flow of potential residents and customers. This is a blank canvas for a project that will shape the future of Cullowhee. Serious inquiries are encouraged. The asking price is $1,200,000.

Property profile
Verified
Property type Commercial real estate
Year built 1701
Lot 14.14 ac (615,938 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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