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    For Sale (31)

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    Lake Toxaway Land with Mountain View
    $49,500
    1.26 Acres

    Lake Toxaway Land with Mountain View

    Large, private lot with mountain views and lake access.

    Mountain View Rd, Lake Toxaway, NC 28747
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    Land with Mountain Views
    $395,000
    4.15 Acres

    Land with Mountain Views

    4.15 acre lot with Blue Ridge Parkway views.

    3 Panther Summit Dr, Lake Toxaway, NC 28747
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    Lake Toxaway Mountain Lot
    $39,900
    1.63 Acres

    Lake Toxaway Mountain Lot

    Private 1.63-acre lot in Lake Toxaway Estates.

    Hawk Mountain Rd, Lake Toxaway, NC 28747
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    Lake Toxaway Ready-to-Build Lot
    $495,000
    1.43 Acres

    Lake Toxaway Ready-to-Build Lot

    Cleared 1.43-acre lot with active permits near Lake Toxaway.

    38 W Cardinal Dr, Lake Toxaway, NC 28747
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    Golf Course Lot in Toxaway
    $250,000
    1.18 Acres

    Golf Course Lot in Toxaway

    Vacant lot on Lake Toxaway Country Club golf course.

    29 Cherokee Trce, Lake Toxaway, NC 28747
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    Lake Toxaway Land with Views
    $750,000
    8.76 Acres

    Lake Toxaway Land with Views

    8.76 acres with mountain and lake views in Lake Toxaway.

    3539 West Clb Blvd Lot Molitor Cp, Lake Toxaway, NC 28747
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    Lake Toxaway Land with Access
    $239,500
    3.68 Acres

    Lake Toxaway Land with Access

    3.68 acres of land with lake access and club potential.

    Mountain View Rd, Lake Toxaway, NC 28747
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    Lake Toxaway Corner Lot
    $169,000
    1.52 Acres

    Lake Toxaway Corner Lot

    Corner lot in Lake Toxaway, ready for your mountain retreat.

    Panther Rdg Rd, Lake Toxaway, NC 28747
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    50 Acres in Glen Cannon
    $150,000
    50.00 Acres

    50 Acres in Glen Cannon

    50-acre land parcel in Glen Cannon Community, Pisgah Forest, NC.

    Aberdeen Rd, Pisgah Forest, NC 28768
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    Pisgah Forest Land For Sale
    $75,000
    3.83 Acres

    Pisgah Forest Land For Sale

    Large lot in desirable Glen Cannon Community with view potential.

    611 B Aberdeen, Pisgah Forest, NC 28768
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    Land in Glen Cannon Community
    $75,000
    3.30 Acres

    Land in Glen Cannon Community

    Large lot with view potential near Pisgah National Forest.

    610 Aberdeen Ln, Pisgah Forest, NC 28768
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    Lake Toxaway Homesite with Mountain View
    $150,000
    2.38 Acres

    Lake Toxaway Homesite with Mountain View

    2.38-acre homesite with mountain views and stream access.

    Toxaway Ct, Lake Toxaway, NC 28747
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    Lake Toxaway Golf Course Lot
    $150,000
    1.17 Acres

    Lake Toxaway Golf Course Lot

    1.17 acre golf course lot in Lake Toxaway Estates.

    33 Cherokee Pt, Lake Toxaway, NC 28747
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    Lake Toxaway Wooded Mountain Lot
    $149,000
    1.07 Acres

    Lake Toxaway Wooded Mountain Lot

    Wooded lot in Lake Toxaway Estates, convenient to amenities.

    57 Toxaway Ct, Lake Toxaway, NC 28747
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    Lake Toxaway Land with Frontage
    $285,000
    1.41 Acres

    Lake Toxaway Land with Frontage

    1.43 acres with 273' frontage near Lake Toxaway Country Club.

    28 Chestnut Trce, Lake Toxaway, NC 28747
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    Golf Course Frontage Land
    $250,000
    0.75 Acres

    Golf Course Frontage Land

    0.75-acre golf course lot overlooking #3 green.

    17 Mills Creek Trce, Lake Toxaway, NC 28747
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    Lake Toxaway Vacant Lot
    $350,000
    0.81 Acres

    Lake Toxaway Vacant Lot

    0.81 acre lot perfect for building your dream home.

    12 Seminole Way, Lake Toxaway, NC 28747
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    Lake Toxaway Land with View
    $115,000
    1.28 Acres

    Lake Toxaway Land with View

    1.28-acre lot with view in Lake Toxaway Estates.

    24 Lakeside Trl, Lake Toxaway, NC 28747
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    LAND - Lake Toxaway, NC
    $425,000
    10.83 Acres

    LAND - Lake Toxaway, NC

    Land • 10.83 Acres

    1 Cardinal Dr W lot Trp 1, Lake Toxaway, NC 28747
    View details
    Lake Toxaway Homesite with Views
    $165,000
    0.93 Acres

    Lake Toxaway Homesite with Views

    Homesite with mountain views and lake access in Lake Toxaway.

    14 Lakeside Dr, Lake Toxaway, NC 28747
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    Lake Toxaway Homesite Opportunity
    $89,500
    1.30 Acres

    Lake Toxaway Homesite Opportunity

    1.27-acre homesite in Lake Toxaway Estates community.

    Summit Ridge Rd, Lake Toxaway, NC 28747
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    Lakeside Mountain Homesite Opportunity
    $75,000
    1.03 Acres

    Lakeside Mountain Homesite Opportunity

    1.03-acre homesite in Lake Toxaway with potential lake and mountain views.

    25 Lakeside Trl, Lake Toxaway, NC 28747
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    Lake Toxaway Golf Course Homesite
    $795,000
    2.77 Acres

    Lake Toxaway Golf Course Homesite

    2.77-acre homesite with golf course views and creek frontage.

    9A R, Lake Toxaway, NC 28747
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    Mountain Land with Blue Ridge Views
    $305,000
    6.50 Acres

    Mountain Land with Blue Ridge Views

    6.5 acres with mountain views, approved septic, and private well.

    1 2, Lake Toxaway, NC 28747
    View details
    Golf Course View Land Parcel
    $295,000
    1.13 Acres

    Golf Course View Land Parcel

    1.13-acre lot with golf course frontage and mountain views.

    10 Seminole Way, Lake Toxaway, NC 28747
    View details
    Lake Toxaway Corner Lot
    Contact for pricing
    0.43 Acres

    Lake Toxaway Corner Lot

    Corner lot in Toxaway Falls subdivision with wooded privacy.

    Toxaway Falls Dr, Lake Toxaway, NC 28747
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    Lake Toxaway Land with Views
    $1,100,000
    44.69 Acres

    Lake Toxaway Land with Views

    Undeveloped 44.69-acre tract with mountain, lake, and waterfall views.

    Fairway Dr, Lake Toxaway, NC 28747
    View details
    Lake Toxaway Homesite on Golf Course
    $200,000
    0.84 Acres

    Lake Toxaway Homesite on Golf Course

    Private 0.84-acre homesite with golf course frontage and mountain views.

    34 Cherokee Pt, Lake Toxaway, NC 28747
    View details
    Lake Toxaway Golf Course Homesite
    $175,000
    0.92 Acres

    Lake Toxaway Golf Course Homesite

    Private 0.915-acre homesite on Lake Toxaway Country Club fairway.

    35 Cherokee Pt, Lake Toxaway, NC 28747
    View details
    Lake Toxaway Land with Views
    $1,100,000

    Lake Toxaway Land with Views

    Undeveloped 45+/- acre tract with mountain and lake views.

    Tbd Fairway Dr, Lake Toxaway, NC 28747
    View details
    Golf Course Lot Overlooking Green
    $250,000

    Golf Course Lot Overlooking Green

    0.75 acre golf course lot with golf frontage.

    17 Mills Creek Trce, Lake Toxaway, NC 28747
    View details

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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
    Lake Toxaway Company
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