Property profile

28 Pleasant Grove Rd Weaverville, NC 28787

FOR SALE
Residential land & home lots
Property ID
US53-1332200
Built 1962
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Property summary

AI-generated overview

Rolling topography and utility accessibility make this highly accessible site an excellent candidate for residential buildout. Located in the highly desirable Reems Creek valley, this almost 14-acre land tract is just minutes from downtown Weaverville. The town continues to show rapid economic and ... population growth. Gravity sewer runs through the lower end of the site. The property is adjoined by both established and approved residential communities. A portion of the property lies within the floodplain. No value has been assigned to the existing structures. Dup. MLS #4179640.

Property profile

Verified
Property type Residential land & home lots
Year built 1962
UPID US53-1332200

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28 Pleasant Grove Rd Weaverville, NC 28787
Weaverville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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