Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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