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    For Sale (37)

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    Mountain View Building Lot
    $75,000
    1.21 Acres

    Mountain View Building Lot

    1.21-acre lot ready for your dream home.

    47 Majestic Mountain Trl, Murphy, NC 28906
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    TURTLETOWN Land with Development Potential
    $350,000
    35.00 Acres

    TURTLETOWN Land with Development Potential

    23-acre tract with pasture, woods, and fixer-upper.

    3754 Highway 68 S, Turtletown, TN 37391
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    Land with Mountain Views
    $89,900
    2.17 Acres

    Land with Mountain Views

    2.17-acre lot ready for your dream home in Murphy, NC.

    Tr1-23 Majestic Mtn Trl, Murphy, NC 28906
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    Expansive Acreage with Mountain Views
    $475,000
    63.20 Acres

    Expansive Acreage with Mountain Views

    63.2-acre parcel with mountain views in Turtletown, Tennessee.

    Cedar Springs Rd, Turtletown, TN 37391
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    Established Retail Furniture Business
    $189,000

    Established Retail Furniture Business

    Turnkey retail furniture business opportunity on high-traffic corridor.

    Hwy. 64 W, Murphy, NC 28906
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    Secluded Wooded Lot in Subdivision
    $128,000
    1.81 Acres

    Secluded Wooded Lot in Subdivision

    1.81 acre lot with amenities in Murphy, North Carolina.

    1.81 Ac Nature Vly Trl, Murphy, NC 28906
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    Mountain View Lot Ready to Build
    $94,900
    2.56 Acres

    Mountain View Lot Ready to Build

    2.56 acre lot with utilities and paved road access.

    Tr1-22 Majestic Mtn Trl, Murphy, NC 28906
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    Hayesville Land with Mountain Views
    $150,000
    3.61 Acres

    Hayesville Land with Mountain Views

    3.61-acre wooded parcel with long-range views near Lake Chatuge.

    10617 Highway 64 E, Hayesville, NC 28904
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    Wooded Land Near Andrews, NC
    $39,900
    3.00 Acres

    Wooded Land Near Andrews, NC

    3+ acres of unrestricted wooded land close to amenities.

    3 Ac Chestnut Flt Rd, Andrews, NC 28901
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    Secluded Lot Backing Forest
    $80,000
    2.01 Acres

    Secluded Lot Backing Forest

    2.01-acre lot with utilities, near Andrews and Murphy, NC.

    247 Rice Ln, Marble, NC 28905
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    Ready-to-Build Lot in Gated Community
    Contact for pricing
    0.68 Acres

    Ready-to-Build Lot in Gated Community

    0.68-acre lot with utilities in The Overlook at Brasstown.

    Radiant Cv, Murphy, NC 28902
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    High-Traffic Commercial Land in Murphy
    $1,999,000
    10.47 Acres

    High-Traffic Commercial Land in Murphy

    10.47-acre commercial site with income-producing buildings and development potential.

    Highway 64 West, Murphy, NC 28906
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    Land in Sanctuary at Vance
    $45,000
    1.31 Acres

    Land in Sanctuary at Vance

    1.31-acre lot with community water access in Murphy, NC.

    Trak Holw, Murphy, NC 28906
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    Unrestricted Land in Turtletown, TN
    $149,000

    Unrestricted Land in Turtletown, TN

    Unrestricted land with buildable homesites near Ocoee River.

    00000 Kimsey Dairy Rd, Turtletown, TN 37391
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    BRASSTOWN, NC Wooded Subdivision Lot
    Contact for pricing
    1.35 Acres

    BRASSTOWN, NC Wooded Subdivision Lot

    Wooded 1.35 acre lot in peaceful North Carolina subdivision.

    00 Laurel Mtn Rd, Brasstown, NC 28902
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    Wooded Lot in Brasstown, NC
    Contact for pricing

    Wooded Lot in Brasstown, NC

    Affordable wooded lot with stream in beautiful Brasstown, North Carolina.

    Tbd Heritage Trl, Brasstown, NC 28902
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    67.47 Acres in Murphy, NC
    $449,900
    67.47 Acres

    67.47 Acres in Murphy, NC

    67.47-acre property with development potential near Hiawassee Lake.

    00 Hayden Ln, Murphy, NC 28906
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    Wooded Land in Wells Lake
    $89,900
    4.07 Acres

    Wooded Land in Wells Lake

    4.07-acre wooded tract with lake access near Murphy, NC.

    2-5 Country Ln, Murphy, NC 28906
    View details
    Riverfront Lot in Turkey Creek
    $39,900
    0.70 Acres

    Riverfront Lot in Turkey Creek

    0.7-acre riverfront lot with paved access and fiber internet.

    Butterball Blvd, Murphy, NC 28906
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    Mountain Lot in Rural Subdivision
    Contact for pricing
    0.96 Acres

    Mountain Lot in Rural Subdivision

    0.96-acre lot for mountain living, build your dream cabin.

    26 Persimmon Rd, Murphy, NC 28906
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    Turtletown, TN 1.19-Acre Lot
    $65,000
    1.19 Acres

    Turtletown, TN 1.19-Acre Lot

    1.19-acre lot with city water, minimal restrictions, RVs allowed.

    Nicholson Cir, Turtletown, TN 37391
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    Land in Gated Community
    $149,500
    3.17 Acres

    Land in Gated Community

    3.17 acres in Hidden Valley Estates with community amenities.

    000 Nature Valley Trl, Murphy, NC 28906
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    1.66-Acre Building Lot in Murphy
    Contact for pricing
    1.66 Acres

    1.66-Acre Building Lot in Murphy

    Gentle 1.66-acre lot near Murphy, NC, and Blairsville, GA.

    Dones Dr, Murphy, NC 28906
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    64-Acre Mountain Retreat Opportunity
    $250,000
    64.14 Acres

    64-Acre Mountain Retreat Opportunity

    64-acre tract near downtown Murphy, NC with water access.

    Mcguire St, Murphy, NC 28906
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    Hiwassee Riverfront Land Opportunity
    $189,000
    2.00 Acres

    Hiwassee Riverfront Land Opportunity

    Two-acre riverfront lots on the Hiwassee River.

    Rushing Water Trl, Hayesville, NC 28904
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    Convenient Lot Near Downtown Murphy
    Contact for pricing
    0.92 Acres

    Convenient Lot Near Downtown Murphy

    0.92-acre lot near downtown Murphy with paved access and power.

    Skyview Acres Dr, Murphy, NC 28906
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    Mountain View Lot in Murphy
    Contact for pricing
    1.15 Acres

    Mountain View Lot in Murphy

    Residential land with long-range mountain views in Deerwood.

    10 Pointe Trl, Murphy, NC 28906
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    Land in Gated Community
    $81,900
    2.63 Acres

    Land in Gated Community

    2.63-acre lot in River Walk on the Hiwassee.

    Dewey Ln, Murphy, NC 28906
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    2-Acre Wooded Parcel in Murphy
    Contact for pricing
    2.00 Acres

    2-Acre Wooded Parcel in Murphy

    Gently sloping 2-acre wooded parcel in a quiet neighborhood.

    2 Ac Horvath Rd, Murphy, NC 28906
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    Creekfront Land in Murphy, NC
    $129,800
    2.44 Acres

    Creekfront Land in Murphy, NC

    2.44 acre creekfront property in Murphy, North Carolina.

    Mcdonald Rd, Murphy, NC 28906
    View details
    Andrews Land with Creek Frontage
    $225,000
    23.59 Acres

    Andrews Land with Creek Frontage

    23.59 acres in Andrews, NC with creek and views.

    23.59 Ac Chestnut Flt Rd, Andrews, NC 28901
    View details
    Unrestricted Land Near Lake Appalachia
    $69,000
    9.90 Acres

    Unrestricted Land Near Lake Appalachia

    9+ acres of unrestricted, wooded land with road access.

    Morrow Rd, Murphy, NC 28906
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    25+ Acre Land, Murphy, NC
    $199,000
    23.83 Acres

    25+ Acre Land, Murphy, NC

    25.83-acre tract in Beaver Dam area, ideal for building.

    Rj Mountain View Dr, Murphy, NC 28906
    View details
    Secluded Mountain Land Parcel
    Contact for pricing
    3.09 Acres

    Secluded Mountain Land Parcel

    3.091 acre wooded lot with building spots and fiber.

    Smoky Mtn Rdg, Marble, NC 28905
    View details
    Wooded Land Near Lake Appalachia
    $39,900
    3.10 Acres

    Wooded Land Near Lake Appalachia

    Unrestricted 3+ acre property with paved road access near lake.

    Morrow Rd, Murphy, NC 28906
    View details
    Secluded Mountain View Land Parcel
    $200,000
    7.26 Acres

    Secluded Mountain View Land Parcel

    7.26-acre lot with privacy, views, and easy access.

    7.26 Ac Panorama Dr, Murphy, NC 28906
    View details
    4.07 Acres in Wells Lake
    $89,900
    177,289 SF

    4.07 Acres in Wells Lake

    4.07-acre wooded tract with lake access in Murphy, NC.

    2-5 Country Ln, Murphy, NC 28906
    View details

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    Appalachian Land Company
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Appalachian Land Company
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