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Property profile & analytics
OFF-MARKET
Office Spaces

419 Walnut St Waynesville, NC 28786-3256

480 SF 0.06 ac lot Built 1982
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US53-5608006
Property summary
AI-generated overview

This 756 square foot office building at 419 Walnut Street, Waynesville, NC, presents a fantastic opportunity for businesses seeking high visibility and convenient downtown access. Located just off Russ Avenue, the property boasts a prime location without the parking hassles often associated with central business districts. The building features handicap accessibility, including a dedicated handicap-accessible bathroom. The main level includes a conference room, ideal for meetings and client presentations. A private office, small kitchen, and seating area are located on the lower level, providing ample space for staff and operations. The total finished square footage is 756 square feet, situated on a 0.06-acre lot. The property is equipped with a ductless mini-split air conditioning and heating system, ensuring year-round comfort and energy efficiency. This versatile space is well-suited for a variety of office or medical uses, offering a blend of functionality and prime location in the heart of Waynesville. The asking price is $249,000. This is a rare opportunity to acquire a well-maintained, conveniently located office building in a thriving downtown area.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1982
Total area 480 SF
Lot 0.06 ac (2,801 SF)
Zoning code WS-ND
APN 8615-59-1866
UPID US53-5608006
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
Current use
Occupant on record · Public records
  • Nationwide Insurance: Johnson Insurance Agency Inc. Insurance Agency
  • King Mountain Law Law Firm
  • Highstreet Guidelight Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kathy Deomellas · 1 yrs held
Kathy Deomellas
since 2025
Last sale
$235,000
7 recorded transactions
2025
$235,000
2023
$200,000
2008
$160,000
2008
Price N/A
2007
$28,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
WS-ND · Waynesville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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