Property profile

0 Asheville Hwy Pisgah Forest, NC 28712

OFF-MARKET
Land
1.71 ac lot
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Property summary

AI-generated overview

This exceptional 1.71-acre commercial land parcel presents a remarkable investment opportunity in Brevard, North Carolina. Located on Asheville Highway in Transylvania County, this property boasts over 350 feet of road frontage on one of the county's busiest thoroughfares, ensuring unparalleled visibility for any future development. The strategic location includes 100% of the adjoining roundabout frontage, maximizing exposure to southbound traffic. Preliminary plans illustrate the potential for a substantial 5,000 square foot building with ample parking. The majority of the land is situated within Brevard city limits, with a smaller portion in the extraterritorial jurisdiction (ETJ). The listed acreage is approximate. This high-traffic location offers significant potential for a wide range of commercial ventures, capitalizing on its prime position and exceptional visibility. The property's strategic placement at a busy intersection guarantees high exposure to potential customers, making it an ideal location for businesses seeking maximum visibility and accessibility. This is a rare opportunity to acquire a prominent commercial site in a thriving area of Transylvania County. The asking price for this exceptional property is $599,000.

Property profile

Verified
Property type Land
Lot 1.71 ac (74,488 SF)

Cap rate & NOI

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

Location

Asheville Hwy Pisgah Forest, NC 28712
Pisgah Forest metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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