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    OFF-MARKET
    Land

    0 Northridge Commons Pkwy, Weaverville, NC 28787

    4.53 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.53-acre commercial land parcel, identified as Parcel #1, presents a remarkable investment opportunity within the thriving Northridge Commons Shopping Center in Weaverville, North Carolina. Situated in Buncombe County, with the address 99999 Northridge Commons Parkway #1, and APN 9732-78-9724-00000, this property boasts unparalleled visibility and accessibility. Its strategic location directly off I-26, a major thoroughfare with over 50,000 vehicles daily, and its proximity to Weaver Boulevard (18,904 daily traffic count) ensures high exposure for any development. The site is ideally positioned adjacent to recently constructed Hobby Lobby, Marshalls, and Dollar General stores, further enhancing its desirability. Northridge Commons is anchored by numerous nationally recognized brands, including Lowe's, Walmart Supercenter, Sonic, and GameStop, creating a robust and established retail environment. Zoned C-2, this parcel is perfectly suited for a hotel or other significant commercial development. Importantly, this property was unaffected by Hurricane Helene and is available for immediate purchase at an asking price of $1,500,000. Note that three additional outparcels are also available within the center. This is a rare opportunity to acquire a prime commercial land parcel in a high-growth area with exceptional visibility and access.

    Property profile
    Verified
    Property type Land
    Lot 4.53 ac (197,327 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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