1583 Dellwood Rd Waynesville, NC 28786
This exceptional 3.9-acre commercial land parcel, located at 1583 Dellwood Rd, Waynesville, NC 28786 (APN 8617-20-4041), presents a prime development opportunity. Situated on a busy Waynesville roadway experiencing an estimated 18,000 cars per day, this fee simple property boasts excellent visibility and accessibility. The C-1 zoning allows for a variety of commercial uses. The land is relatively flat and features existing, usable buildings (though not heavily valued), along with readily accessible utilities. The property offers both front and back access, providing ample space for parking and significant road frontage. Its strategic location connects Waynesville to Cherokee, NC, and Harrah's Casino, further enhancing its commercial potential. The property is easily subdividable to accommodate various development needs, making it ideal for a range of commercial projects. A recent addition to the area includes a Dunkin' Donuts, highlighting the ongoing growth and development in this thriving location. The asking price is $3,445,670.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.