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625 Vance St
Waynesville, NC 28786
Land For Sale · 4.07 AC

Investment Highlights

  • Currently zoned for multi-family and residential.
  • Next to the Waynesville Rec Center
  • Great opportunity for multi-family development
  • Close to downtown and minutes from the shopping district

Executive Summary

Corner lot on Howell Mill road and Vance street that is currently zoned for multi-family and residential. The zoning allows for the placement of 32 multi-family units and with a special use permit it will go up to 48 units. Great spot for a new condominium development, as it is next to the Waynesville Rec Center which relieves the developer from form
some of the green space and rec requirements. There is city water to the property and sewer is available. Close to downtown and minutes from the shopping district of Russ Ave. Wonderful opportunity to be the first new condominium development in Waynesville in many years. The property is currently in the Waynesville ETJ however it boarders Town property and the city limits and would qualify for voluntary annexation.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 4.07 AC
Zoning R1 - residential

1 Lot Available

Lot

Price $1,278,729 CAD
Price Per AC $314,184.02 CAD
Lot Size 4.07 AC

This lot is a rectangular shaped parcel with frontage on both side via state roads.

Property Taxes

Property Taxes

Parcel Number
8616-52-7475
Land Assessment
$95,525 CAD
Improvements Assessment
$339,826 CAD
Total Assessment
$435,351 CAD
  • Listing ID: 24065090

  • Date on Market: 2021-09-09

  • Last Updated:

  • Address: 625 Vance St, Waynesville, NC 28786

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