28 Pleasant Grove Rd, Weaverville, NC 28787
This exceptional 13.39-acre property, located at 28 Pleasant Grove Rd, Weaverville, NC 28787, presents a compelling investment opportunity. Situated in the desirable Reems Creek valley, this land boasts rolling topography and convenient access to utilities, making it ideal for residential development. Its proximity to downtown Weaverville, a town experiencing significant economic and population growth, further enhances its appeal. The property benefits from gravity sewer access at its lower end and is bordered by existing and approved residential communities, suggesting seamless integration into the surrounding neighborhood. The R-3 zoning permits a range of residential uses. Please note that a portion of the land falls within a floodplain, and any existing structures on the site have not been assigned a value. The property's APN numbers are 9752-23-6735-00000, 975233060600000, 975223726600000, 975223763100000, and 975234143600000. The asking price for this remarkable land parcel is $1,700,000. This is a rare chance to acquire a substantial tract of land in a thriving community with strong potential for future development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.