1478 Dellwood RdWaynesville, NC 28786

Property Details for 1478 Dellwood Rd

Year built

1979

Lot size

0.47 AC

Property size (Sq ft)

4,760 SF

Property type

Retail space

APN

8617-30-0314

APU

8617300314

Description

This exceptional commercial property at 1478 Dellwood Road, Waynesville, NC, presents a multitude of opportunities for discerning businesses. Boasting an impressive 4760 square feet of retail space, this building enjoys unparalleled visibility due to its 150-foot frontage on a five-lane highway situated between Maggie Valley and Waynesville. Large display windows across the front maximize visibility and attract customers. The interior features four half-bathrooms, updated central heat and air conditioning with heat pumps, and a tankless water heater. High ceilings, measuring over 10 feet, create a spacious and inviting atmosphere. The property also includes a 19' x 34' Quonset hut, ideal for storage or product display. Parking is abundant with four covered spaces and twelve paved parking spaces. Three separate electric meters provide flexibility and efficiency. The 0.47-acre lot offers ample space for expansion or outdoor activities. This property is ready for immediate occupancy and presents a rare opportunity to establish a thriving business in a high-traffic location. The combination of size, visibility, and convenient amenities makes this an exceptional investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,790,113

  6.5%

  $1,652,412

  7%

  $1,534,382

• Comparable approach

  Method

  Valuation

  Relative Method

  $987,565

  Geo Method

  $987,565

• Alternative Use

  Use

  Valuation

  Residential

  $1,393,871

  Hospitality

  $1,276,778

  Educational

  $1,062,265

  Medical

  $1,098,798

  Retail

  $1,652,412

Location Insight

City

Waynesville

County

Haywood

State

North Carolina

Latitude

35.5264

Longitude

-82.9904

CBSA code

11700

CBSA name

ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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