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Property summary
This exceptional property presents a rare opportunity to acquire a piece of Weaverville's rich history. The offering encompasses three historic structures, including the main mill building, a remodeled 1940s house, and a remodeled cottage, all situated on a sprawling 5.4-acre lot. The main mill building, dating back to circa 1905, boasts over 5,000 square feet of space, complemented by a 1,400 square foot covered patio. Its strong local history and architectural character are undeniable… assets. The remodeled 1940s house offers approximately 1,100 square feet of living space, including three bedrooms and two bathrooms, a rear deck, and a large unfinished daylight basement. The remodeled cottage provides an additional 600 square feet of living space, featuring one bedroom, one bathroom, a kitchenette, and a 300 square foot rear deck. The property enjoys approximately 1,000 feet of bold water frontage along Reems Creek. An old barn is also included on the property. The property is zoned for mixed-use commercial and short-term rentals, making it ideal for a variety of ventures, including event spaces. The property is not located within Weaverville city limits but benefits from city water and sewer. Importantly, the structures sustained no flood damage during Hurricane Helene. The property consists of two parcels: 1 Old Mill Lane, zoned EMP, and 9 Old Mill Lane, zoned R-3. This unique offering combines historical charm with significant development potential. The asking price is $3,500,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 7,686 SF
- Lot area
- 0.5 ac
- Year built
- 1910
- Stories
- 3
- APN
- 9742-13-7098-00000
- Zoning
- DEED DATE: 01/20/1986 DEE
- Assessed value · 2024
- $364,500
- Annual tax · 2024
- $2,334
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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