419 Walnut StWaynesville, NC 28786

Property Details for 419 Walnut St

Year built

1982

Lot size

0.06 AC

Property size (Sq ft)

480 SF

Zone code

WS-ND

Property type

Office properties

APN

8615-59-1866

APU

8615591866

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $122,800

  6.5%

  $113,354

  7%

  $105,257

• Comparable approach

  Method

  Valuation

  Relative Method

  $39,518

  Geo Method

  $39,518

• Alternative Use

  Use

  Valuation

  Residential

  $140,558

  Hospitality

  $128,751

  Educational

  $107,119

  Medical

  $110,803

  Retail

  $166,630

Location Insight

City

Waynesville

County

Haywood

State

North Carolina

Latitude

35.4978

Longitude

-82.9818

CBSA code

11700

CBSA name

ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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