Property profile

143 Reems Creek Rd Weaverville, NC 28787

OFF-MARKET
Land
Property ID
US53-0012255
12 ac lot
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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 Land
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

Current use

Occupant on record · Public records
  • Vocational School Training Center

Location

143 Reems Creek Rd 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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