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    For Sale (59)

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    Green Mountain Buildable Lot
    $45,000
    1.67 Acres

    Green Mountain Buildable Lot

    1.67 acre lot in gated community with river access.

    High Peak Rdg, Green Mountain, NC 28740
    View details
    Spruce Pine Corner Lot
    $95,000
    1.37 Acres

    Spruce Pine Corner Lot

    1.37-acre corner lot near downtown Spruce Pine, NC.

    Monte Vis Cir, Spruce Pine, NC 28777
    View details
    Mountain Land with Timber Frame
    $89,000
    0.75 Acres

    Mountain Land with Timber Frame

    0.75-acre lot with permitted timber frame near Penland.

    191 Bens Bnd, Bakersville, NC 28705
    View details
    Black Mountain Land For Sale
    $99,500
    0.10 Acres

    Black Mountain Land For Sale

    Residential lot in vibrant, walkable Black Mountain community.

    10 Whitman Ln, Black Mountain, NC 28711
    View details
    Scenic Mountain View Land Parcel
    $45,000
    1.38 Acres

    Scenic Mountain View Land Parcel

    1.38-acre land parcel with mountain views in Green Mountain, NC.

    Scenic View Dr, Green Mountain, NC 28740
    View details
    Mobile Home Park in Candler
    $395,000
    0.86 Acres

    Mobile Home Park in Candler

    Mobile home park with three homes included in sale.

    295 Asbury Rd, Candler, NC 28715
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    Spruce Pine Acreage Near Lake
    $68,900
    1.00 Acre

    Spruce Pine Acreage Near Lake

    One-acre lot near Swiss Pine Lake with creek access.

    Swiss Pine Lake Dr, Spruce Pine, NC 28777
    View details
    Unrestricted Land with Mountain Views
    $55,000
    5.00 Acres

    Unrestricted Land with Mountain Views

    Private 5-acre mountain escape with creek frontage near Burnsville.

    Bee Log Rd, Burnsville, NC 28714
    View details
    Marshall, NC Land Opportunity
    $38,500
    2.16 Acres

    Marshall, NC Land Opportunity

    2.16-acre lot in established Madison County neighborhood.

    Cody Rd, Marshall, NC 28753
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    Mountain Parcel in South Toe
    $85,000
    3.41 Acres

    Mountain Parcel in South Toe

    3.41-acre mountain parcel in the South Toe River Valley.

    Landis Ln, Burnsville, NC 28714
    View details
    Mars Hill Commercial Land Available
    $500,000
    18.41 Acres

    Mars Hill Commercial Land Available

    18.41+/- acres near I-26 and US-23, owner financing available.

    99999 Us 23 Hwy, Mars Hill, NC 28754
    View details
    Mountain Lot with Southern Views
    $55,000
    1.06 Acres

    Mountain Lot with Southern Views

    One-acre mountain lot with long-range views near Hendersonville, NC.

    Laurel Creek Dr, Hendersonville, NC 28792
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    Land with Mountain Views
    $172,000
    1.47 Acres

    Land with Mountain Views

    1.5-acre lot near forests, cleared, ready to build.

    Walnut Valley Ln, Hendersonville, NC 28739
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    Main Street Commercial/Residential Property
    $799,000
    0.08 Acres

    Main Street Commercial/Residential Property

    Renovated two-story building with retail and residential spaces.

    112 W Main St, Burnsville, NC 28714
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    Land in Wolf Laurel Preserve
    Contact for pricing
    3.58 Acres

    Land in Wolf Laurel Preserve

    3.58-acre lot with sunrise views in gated community.

    10 Mountain Gait Dr, Mars Hill, NC 28754
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    Waterfront Land Near Lake Adger
    $274,900
    4.93 Acres

    Waterfront Land Near Lake Adger

    4.93 acres waterfront land with dock rights on Lake Adger.

    S Pointe Rd, Mill Spring, NC 28756
    View details
    Corner Lot with Breathtaking Views
    $78,900
    0.37 Acres

    Corner Lot with Breathtaking Views

    Vacant land in gated community with long-range views and privacy.

    Mtn Heritage Rd, Burnsville, NC 28714
    View details
    20+ Acres Pastureland and Woodlands
    $950,000
    20.44 Acres

    20+ Acres Pastureland and Woodlands

    Unique property with restored barn, pasture, and wooded acreage.

    S Bobs Creek Rd, Zirconia, NC 28790
    View details
    Swannanoa Land For Sale
    $59,000
    0.21 Acres

    Swannanoa Land For Sale

    Residential lot with city utilities in Swannanoa, North Carolina.

    Harmony Rd, Swannanoa, NC 28778
    View details
    Leicester, NC Land For Sale
    $750,000
    47.60 Acres

    Leicester, NC Land For Sale

    47.6 acres of land near Asheville, NC.

    99999 Martin Branch Rd, Leicester, NC 28748
    View details
    Wooded Land Near Big Laurel
    $115,000
    14.87 Acres

    Wooded Land Near Big Laurel

    14.87-acre wooded tract for off-grid living, recreation, homestead.

    Big Laurel Rd, Marshall, NC 28753
    View details
    Residential Land in Powder Creek Estates
    $74,000
    1.91 Acres

    Residential Land in Powder Creek Estates

    1.91-acre lot in Arden, NC, ready for your dream home.

    345 Christa Ln, Arden, NC 28704
    View details
    Prime Downtown Burnsville Commercial Property
    $995,000
    3,443 SF

    Prime Downtown Burnsville Commercial Property

    High-visibility commercial building on 0.85 acres in downtown Burnsville.

    506 W Main St, Burnsville, NC 28714
    View details
    Flat Lot with Mountain Views
    $159,000
    1.74 Acres

    Flat Lot with Mountain Views

    Flat 1.74-acre lot with stream, mountain views, utilities.

    Crystal Mountain Dr, Hendersonville, NC 28739
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    Residential Land in Crystal Cove
    $78,000
    0.74 Acres

    Residential Land in Crystal Cove

    Residential land with stream, utilities, and community amenities.

    62 Crystal Cove Dr, Hendersonville, NC 28739
    View details
    Land in Hawks Nest Community
    Contact for pricing
    1.47 Acres

    Land in Hawks Nest Community

    1.47 acre parcel in a private mountain community.

    N Ridge Runner Rd, Burnsville, NC 28714
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    Wooded Land Near Burnsville
    $39,000
    3.00 Acres

    Wooded Land Near Burnsville

    3 acres of wooded land near Burnsville, North Carolina.

    Rosewood Ln, Burnsville, NC 28714
    View details
    Highway Frontage Commercial Land Parcel
    $199,000
    2.00 Acres

    Highway Frontage Commercial Land Parcel

    Two-acre commercial parcel with highway frontage and versatile use potential.

    6045 Us 19E Hwy, Burnsville, NC 28714
    View details
    Black Mountain Land with Streams
    $130,000
    10.00 Acres

    Black Mountain Land with Streams

    10+ acre property with streams and mountain views.

    Bird Creek Estate Rd, Black Mountain, NC 28711
    View details
    Wooded Land Near Burnsville, NC
    $45,000
    3.00 Acres

    Wooded Land Near Burnsville, NC

    3 acres of wooded land near Burnsville, North Carolina.

    Rosewood Ln, Burnsville, NC 28714
    View details
    Burnsville Land Near Golf Course
    Contact for pricing
    0.40 Acres

    Burnsville Land Near Golf Course

    Lot near clubhouse with potential golf course views.

    S Toe River Rd, Burnsville, NC 28714
    View details
    Celo Mountain Homesite Opportunity
    $99,900
    6.01 Acres

    Celo Mountain Homesite Opportunity

    6.01-acre homesite with septic approval and winter mountain views.

    Hickory Springs Rd, Burnsville, NC 28714
    View details
    Buildable Lot with Mountain Views
    $45,000
    1.91 Acres

    Buildable Lot with Mountain Views

    1.91 acre lot in gated community near Appalachian Trail.

    Pearl Way, Burnsville, NC 28714
    View details
    Commercial Property with Auto Service
    $675,000
    4.28 Acres

    Commercial Property with Auto Service

    4.28 acres with tire shop on US Highway 19.

    23 Lana Ln, Burnsville, NC 28714
    View details
    56 Acres of Madison County Land
    $325,000
    56.23 Acres

    56 Acres of Madison County Land

    Exceptional land with creek, pasture, forest, and trails.

    99999 Foster Creek Rd, Marshall, NC 28753
    View details
    9.9 Acres Creekside Retreat
    $120,000
    9.90 Acres

    9.9 Acres Creekside Retreat

    9.9 acres of unrestricted land near Burnsville, North Carolina.

    Eagle Bridge Rd, Burnsville, NC 28714
    View details
    Land with Mountain Views
    $124,900
    2.52 Acres

    Land with Mountain Views

    2.5 acres to build your dream mountain home.

    Wildwood Acres Dr, Burnsville, NC 28714
    View details
    Land Bordering Pisgah National Forest
    $390,000
    8.50 Acres

    Land Bordering Pisgah National Forest

    8.51-acre property bordering Pisgah National Forest, suitable for various uses.

    1557 Shoal Creek Rd, Balsam Grove, NC 28708
    View details
    Burnsville Land Near Golf Course
    Contact for pricing
    0.42 Acres

    Burnsville Land Near Golf Course

    Residential lot near clubhouse with potential golf course views.

    S Toe River Rd, Burnsville, NC 28714
    View details
    Saluda, NC Two-Acre Lot
    $70,000
    2.00 Acres

    Saluda, NC Two-Acre Lot

    Two-acre lot near Saluda, NC, ideal for building a home.

    99999 Big Raven Ln, Saluda, NC 28773
    View details
    Mill Spring Land with Views
    $129,900
    7.98 Acres

    Mill Spring Land with Views

    7.98 acres with mountain views near Lake Lure.

    King Stepp Rd, Mill Spring, NC 28756
    View details
    Asheville Multifamily Income Property
    $349,000
    0.23 Acres

    Asheville Multifamily Income Property

    Duplex with income potential, convenient location, and outdoor amenities.

    8 Linda Vista Dr, Asheville, NC 28806
    View details
    Mountain Land with Panoramic Views
    $50,000
    4.32 Acres

    Mountain Land with Panoramic Views

    Two combined lots offering a quiet mountain retreat and views.

    lot 8 & 13 Laurel Hill Dr, Spruce Pine, NC 28777
    View details
    Cove Woods Homesite Opportunity
    $70,000
    0.41 Acres

    Cove Woods Homesite Opportunity

    Homesite in gated golf community with potential mountain views.

    2310 Golf Club Ct, Hendersonville, NC 28739
    View details
    Multi-Use Suite Complex For Sale
    $699,999
    11,260 SF

    Multi-Use Suite Complex For Sale

    Multi-use suite complex in Celo Community, Yancey County.

    4188 State Highway 80 S, Burnsville, NC 28714
    View details
    Mountain Land with Creek Access
    Contact for pricing
    5.00 Acres

    Mountain Land with Creek Access

    5+/- acre mountain property with creek in Madison County, NC.

    Foster Creek Rd, Marshall, NC 28753
    View details
    Land Near Tryon Equestrian Center
    $183,330
    3.64 Acres

    Land Near Tryon Equestrian Center

    3.64 acres near Tryon International Equestrian Center.

    135 Medford Rd, Tryon, NC 28782
    View details
    Hendersonville Land For Sale
    $45,000
    0.63 Acres

    Hendersonville Land For Sale

    Residential land suitable for building a mountain retreat.

    E Poplar Ln, Hendersonville, NC 28792
    View details
    Mountain View Land in Hendersonville
    $199,000
    3.52 Acres

    Mountain View Land in Hendersonville

    3.52 acre lot with mountain views near state forests.

    lot 37 & 38 Settlers Ridge Rd, Hendersonville, NC 28739
    View details
    LAND - Flat Rock, NC
    $74,900
    1.72 Acres

    LAND - Flat Rock, NC

    Residential land & home lots • 1.72 Acres

    Jackson Loop Rd, Flat Rock, NC 28731
    View details
    Wooded Homesite in Private Community
    $98,000
    1.15 Acres

    Wooded Homesite in Private Community

    Private homesite with usable topography and mountain views.

    1647 Mills River Way, Horse Shoe, NC 28742
    View details
    Usable Mountain Land in Hendersonville
    $250,000
    5.01 Acres

    Usable Mountain Land in Hendersonville

    5.01 acres of private, usable land near state forests.

    Old Ccc Rd, Hendersonville, NC 28739
    View details
    Mountain Land with Septic System
    $65,000
    2.44 Acres

    Mountain Land with Septic System

    2.44 acre lot with infrastructure in place.

    87 Trl End Rd, Little Switzerland, NC 28749
    View details
    Historic Hendersonville Office Building
    $1,200,000
    0.09 Acres

    Historic Hendersonville Office Building

    Prime Downtown Office, Fully Restored

    218 Main St, Hendersonville, NC 28792
    View details
    Unrestricted Land in Western NC
    Contact for pricing

    Unrestricted Land in Western NC

    5-acre parcel with mountain views, creek, and abundant wildlife.

    0000 Bee Log Rd, Burnsville, NC 28714
    View details
    9.90 Acres Creekside Retreat
    Contact for pricing

    9.90 Acres Creekside Retreat

    9.90 acres of unrestricted land with creek access.

    000 Eagle Bridge Rd, Burnsville, NC 28714
    View details
    Mountain Parcel in South Toe
    Contact for pricing

    Mountain Parcel in South Toe

    3.41-acre mountain parcel in the South Toe River Valley.

    Landis Ln, Burnsville, NC 28714
    View details
    Burnsville Commercial Property For Sale
    Contact for pricing
    3,443 SF

    Burnsville Commercial Property For Sale

    High-visibility commercial property in downtown Burnsville with recent capital improvements.

    506 W Main St, Burnsville, NC 28714
    View details
    Land Near Pisgah National Forest
    $315,000

    Land Near Pisgah National Forest

    4.77 acres bordering Pisgah National Forest with mountain views.

    1 Dave Whitaker Rd, Horse Shoe, NC 28742
    View details

    For Lease (1)

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    Arts-Based Hub with Retail Spaces
    $6 SF/Yr
    1,437,480 SF

    Arts-Based Hub with Retail Spaces

    Retail, gallery, restaurant, and activity-based venue near Asheville.

    1 Balcrank Way, Weaverville, NC 28787
    View details

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    Carolina Cottages
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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
    Carolina Cottages
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