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    OFF-MARKET
    Commercial real estate

    28 Pleasant Grove Rd, Weaverville, NC 28787

    13.39 ac lot
    Property ID
    US53-1332200
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 13.39 ac (583,268 SF)
    APN 9752-23-6735-00000, 975233060600000, 975223726600000, 975223763100000 and 975234143600000
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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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