Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5351 Jonathan Crk Rd Waynesville, NC 28785

    • Retail space
    • 864 SF
    • 29.38 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-2137921
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 5351 Jonathan Crk Rd

    Year built
    1990
    Lot size
    29.38 lot acres
    Property size
    864 SF
    Property type
    Retail space
    APN
    8609-86-3722
    APU
    8609863722

    Description

    This exceptional 29.38-acre commercial land parcel presents a unique investment opportunity in Waynesville, NC. Strategically located off Exit 20 of I-40 and Jonathan Creek Road (Highway 276) in northern Haywood County, this site boasts unparalleled visibility and accessibility. The property is highlighted as the last available interchange site connecting North Carolina to the Tennessee border, offering unmatched potential for significant development. A conceptual plan, available upon request, outlines potential uses including hospitality, food service, and travel center options, allowing for flexibility in development strategies. The site's location is further enhanced by its proximity to public utilities, with a planned NCDOT roundabout in the vicinity. The surrounding area is experiencing significant growth, with a new DR Horton residential community and numerous RV parks and campgrounds recently established. This pristine, undeveloped land offers a blank canvas for a wide range of commercial ventures, capitalizing on the area's scenic beauty and burgeoning tourism industry. The property's size and location make it ideal for a large-scale development or a series of smaller projects. This is a rare opportunity to acquire a substantial tract of land in a high-growth area with excellent access to major transportation routes. The property is currently used for cattle grazing, showcasing its wide-open spaces and pastoral setting. This is a truly remarkable opportunity for developers seeking a prime location with significant upside potential. The asking price is $4,800,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waynesville
    County
    Haywood
    State
    North Carolina
    Longitude
    -83.0094
    Latitude
    35.5979
    CBSA code
    11700
    CBSA name
    ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $471
    $64,307
    $13,600
    $77,907
    -
    $262,600
    $13,600
    $276,200

    Comparable in this City

    • Value Estimation by Request
      930 SF

      21 Mack Caldwell Rd

      RETAIL STORES (PERSONAL SERVICES) • 930 SF
      21 Mack Caldwell Rd, Waynesville, NC 28785
      View Details
    • Value Estimation by Request
      4,000 SF

      26 Winngray Ln

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      26 Winngray Ln, Waynesville, NC 28785-9379
      View Details
    • Value Estimation by Request
      1,176 SF

      3212 Crabtree Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,176 SF
      3212 Crabtree Rd, Waynesville, NC 28785-7469
      View Details
    • Value Estimation by Request
      2,205 SF

      49 Adventure Park

      RETAIL STORES (PERSONAL SERVICES) • 2,205 SF
      49 Adventure Park, Waynesville, NC 28785-4530
      View Details
    • Value Estimation
      $475,000
      5,112 SF

      3796 Jonathan Crk Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,112 SF
      3796 Jonathan Crk Rd, Waynesville, NC 28785-9855
      View Details
    • Value Estimation
      $355,000
      1,564 SF

      50 Eddies Trl

      RETAIL STORES (PERSONAL SERVICES) • 1,564 SF
      50 Eddies Trl, Waynesville, NC 28785-9439
      View Details

    Similar Nearby for Sale

    • $35,000
      1.34 Acres

      Waynesville Land with Mountain Views

      Land in Waynesville, NC, with mountain views in maintained community.
      Trotters Trl, Waynesville, NC 28785
      View Details
    • $45,000
      4.32 Acres

      Waynesville Land in Utah Mountain

      4.32-acre vacant lot in the Smoky Mountains near Asheville.
      Brigham Dr, Waynesville, NC 28785
      View Details
    • $315,000
      33.10 Acres

      33 Acres Wooded Land, Views

      33-acre wooded property near Waynesville, NC, with mountain views.
      Destiny Rd, Waynesville, NC 28785
      View Details
    • $55,000
      1.28 Acres

      Wooded Lot in Brookside Estates

      Buildable lot with creek in quiet, serene community.
      Serenity Dr, Waynesville, NC 28785
      View Details
    • New
      $125,000
      0.63 Acres

      Creekside Lot in Waynesville, NC

      Cleared 0.63-acre lot with utilities and RV onsite.
      1521 Cove Creek Rd, Waynesville, NC 28785
      View Details
    • $385,000
      3 SF

      Unrestricted Land with Mountain Views

      3.08 acres in Iron Duff with year-round mountain views.
      00 Ty Lea Dr, Waynesville, NC 28785
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5351 Jonathan Crk Rd
    Waynesville, NC 28785
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.