27 Eller Hollow Rd Weaverville, NC 28787
- Commercial real estate
- 6.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 27 Eller Hollow Rd
- Lot size
- 6.00 lot acres
- Property type
- Commercial real estate
- APN
- 975210433500000
Description
This exceptional 6-acre commercial land parcel in Weaverville, North Carolina, presents a unique investment opportunity. Located at 27 Eller Hollow Rd, Buncombe County (APN: 975210433500000), this property is zoned OU and boasts a desirable location with many beautiful homes nearby. The land is primarily wooded, offering several potential building sites. A significant advantage is the existing city water line at the property's edge, simplifying development. Note that the property includes a cell tower, currently under lease (10,000 sq ft, 0.229 acres, plus a 30-foot wide access easement, documented in Buncombe County Register of Deeds records, Book 2785, Page 161). The lease agreement includes a 30-day review period for any proposed sale and a right of first refusal for the cell tower tenant, also with a 30-day notice term. Importantly, there is no current revenue stream from the existing lease; the tower is included in the sale. This property offers substantial potential for various commercial ventures, benefiting from its size, location, and existing infrastructure. The buyer should be aware of the existing lease and right of first refusal associated with the cell tower.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weaverville
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.531952
- Latitude
- 35.677735
