00 Woodland Dr Waynesville, NC 28786
This exceptional 19.4-acre parcel presents a unique investment opportunity in Waynesville, North Carolina. Located at 00 Woodland Dr., this unimproved land boasts spectacular long-range views, offering year-round scenic beauty. The property's rolling terrain provides versatility for a variety of development projects. Its convenient location sits between downtown Waynesville and the Lake Junaluska exit (104) of I-40, ensuring easy access and high visibility. Potential uses include multi-family residential development, subdivision, or the creation of a private estate. The property is zoned RES (Residential). Water and sewer services are reportedly available on-site; however, verification and confirmation of availability and suitability for intended use must be obtained from the Town of Waynesville. The property's APN is a portion of 8616-82-2350 and 8616-82-8655. This is a rare chance to acquire a substantial tract of land with significant development potential in a highly desirable location. The asking price for this remarkable property is $3,490,000. Don't miss this opportunity to secure a piece of Waynesville's vibrant landscape.
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
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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.