00 Lickstone Road

Home » All Multifamily Properties » 00 Lickstone Road

Address: 0 Lickstone Rd, Waynesville, NC 28786, USA

Atlanta & Southeast + Land/Development

Created date: October 29, 2026

Date last updated: October 29, 2026

Price: $700,000Investment Analyzer NEW!

Property Description

This exceptional 4.37-acre vacant level pasture occupies a bold creek corner lot in the Waynesville ETJ, offering rare versatility as either a ready 28-unit subdivision site or a private estate. City water is available, with city sewer 500' away, while existing site plans confirm proven subdivision potential. Flood fringe exists only along the road front and creek area, and the property sustained no damage during Hurricane Helene. Level pasture and creek frontage create a serene setting for a custom home or equestrian retreat, yet the approved density and utility access make it equally compelling for developers seeking an entitled project in a high-demand corridor between Asheville an

Available

Request Information

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Land/Development
Price:	$700,000
Lot Size:	4.37 Acres
Opportunity Zone:	No
Property Website	Click Here

Address: 00 Lickstone Road, Waynesville, NC 28786, USA

Provided by:

Investment Analyzer

Step 1Financing Calculation

Purchase Price *

Down Payment *

Financed Amount

Term (Years) *

# of Payments Per Year *

Total Payments

Annual Interest Rate *

Monthly P&I

Annual P&I

Step 2Gross Rent Analysis

Please enter annual amounts.

Gross Rent *

Management Fee

Maintenance Reserve

Insurance

Property Taxes

Vacancy Reserve

Utilities

Misc. Expenses

Monthly Net Income

Annual Net Income

Step 3Cap Rate Calculation

Comparable Cap Rates *

Price Based on Cap Rate

Cap Rate Based on Price

Step 4Final Deal Analysis

Monthly Cashflow

Annual Cashflow

Cash on Cash Return

Overall Return on Full Price

Annual Approx. Depreciation

Annual Approx Market Appreciation

Similar Properties in the Area