Property profile

0 Northridge Commons Pkwy Weaverville, NC 28787

OFF-MARKET
Land
4.53 ac lot
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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

Location

Northridge Commons Pkwy Weaverville, NC 28787
Weaverville metro
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Value estimations

Realmo proprietary · 4 methods
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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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