1 Old Ml Ln Weaverville, NC 28787
Property profile & analytics
1 Old Ml Ln Weaverville, NC 28787
- Turn key restaurants
- 7,686 SF
- 0.50 lot acres
Property ID
US53-1779588
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 1 Old Ml Ln
- Year built
- 1910
- Construction
- WOOD FRAME
- Lot size
- 0.50 lot acres
- Property size
- 7,686 SF
- Zone code
- DEED DATE: 01/20/1986 DEE
- Property type
- Turn key restaurants
- APN
- 9742-13-7098-00000
- APU
- 974213709800000
Description
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.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Weaverville
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.5643
- Latitude
- 35.6846
- CBSA code
- 11700
- CBSA name
- ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,334
$0.00
$0.00
$364,500
-
$40,400
$324,100
$364,500
