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    OFF-MARKET
    Commercial real estate

    143 Reems Creek Rd, Weaverville, NC 28787

    12 ac lot
    Property ID
    US53-0012255
    Property summary
    AI-generated overview

    This exceptional 12.91-acre farm presents a rare opportunity in the heart of Weaverville, North Carolina's Reems Creek Valley. The property boasts several hundred feet of bold water frontage on the Reems Creek Waterway, offering stunning views and recreational possibilities. The land is largely cleared and flat, making it ideal for a variety of uses. EMP zoning permits multiple commercial applications, alongside residential development options such as a horse farm or multi-unit housing. City water is readily available, and sewer is already on-site, simplifying infrastructure needs. Conveniently located just one mile from downtown Weaverville, five minutes from the interstate, and eight miles from Asheville, this property offers unparalleled accessibility. A large barn is included on the property, providing existing structures for various purposes. The property's suitability extends to diverse ventures, including rose cultivation, general farming, residential or commercial development, and outdoor events such as weddings. Situated outside Weaverville city limits, this property benefits from lower Buncombe County property taxes. The address is 143 Reems Creek Road, Weaverville, NC 28787. This is a truly unique offering with significant potential for a wide range of buyers.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 12 ac (522,720 SF)
    UPID US53-0012255
    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
    Current use
    Occupant on record · Public records
    • Renewabilities Institute Vocational School Training Center
    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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