Lyle Wilson Rd Cullowhee, NC 28723
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.