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    For Sale (69)

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    Otto, NC Land For Sale
    Contact for pricing
    2.82 Acres

    Otto, NC Land For Sale

    2.82-acre lot with cleared house pad near Clayton and Franklin.

    299 Laurel Falls Rd, Otto, NC 28763
    View details
    Historical Commercial Building in Franklin, NC
    $465,000
    2,680 SF

    Historical Commercial Building in Franklin, NC

    Charming 1910 building repurposed for commercial use with residential space.

    473 Palmer Street Cir, Franklin, NC 28734
    View details
    Commercial Land on Highway 441
    $349,000
    1.65 Acres

    Commercial Land on Highway 441

    Commercial property on high-traffic Highway 441 near Franklin, NC.

    49 Jones Ridge Rd, Franklin, NC 28734
    View details
    Flat Riverfront Land For Sale
    $189,900
    1.42 Acres

    Flat Riverfront Land For Sale

    1.42 acres of flat, usable land with river frontage.

    43 Moon Shadow Rd, Franklin, NC 28734
    View details
    Unrestricted Mountain Land Near Franklin, NC
    $379,000
    53.60 Acres

    Unrestricted Mountain Land Near Franklin, NC

    53.6 acres of unrestricted mountain land near Franklin, NC.

    11800 Murphy Rd, Franklin, NC 28734
    View details
    Franklin, NC Wooded Land
    $110,000
    9.22 Acres

    Franklin, NC Wooded Land

    9.22+/- acre wooded tract with gated entrance.

    Highlands Pass Trl, Franklin, NC 28734
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    Franklin, NC Wooded Lot
    $39,900
    4.08 Acres

    Franklin, NC Wooded Lot

    4.08 acre wooded lot in gated community near Franklin.

    Eagle Pt, Franklin, NC 28734
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    Land in Highlands Gate Community
    $90,000
    2.37 Acres

    Land in Highlands Gate Community

    2.37 acre lot backing to USFS Game Land.

    14 Eagles Vw, Highlands, NC 28741
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    Franklin, NC Land with Views
    $99,000
    12.56 Acres

    Franklin, NC Land with Views

    Residential land with long-range views, near Franklin, North Carolina.

    Elkhorn Ridge Dr, Franklin, NC 28734
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    Residential Lot in Riverwood Ridge
    Contact for pricing
    0.89 Acres

    Residential Lot in Riverwood Ridge

    Groomed building lot with utilities near Franklin, North Carolina.

    Riverbend Rd, Franklin, NC 28734
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    Franklin, NC Building Lot
    Contact for pricing
    0.89 Acres

    Franklin, NC Building Lot

    Groomed lot near town, utilities available, vacation rentals allowed.

    Pine Ridge Dr, Franklin, NC 28734
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    Franklin, NC Commercial Land
    $2,300,000
    32.82 Acres

    Franklin, NC Commercial Land

    Large acreage with high visibility, suitable for commercial/residential development.

    1556 Georgia Rd, Franklin, NC 28734
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    Unrestricted Land in Smoky Mountains
    $40,000
    1.54 Acres

    Unrestricted Land in Smoky Mountains

    1.54 acres ready to build in Franklin, NC.

    Cherokee Mine Rd, Franklin, NC 28734
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    Mountain View Land in Franklin, NC
    $99,900
    2.30 Acres

    Mountain View Land in Franklin, NC

    2.3 acres of land with mountain views and community water.

    201 Jackson Heights Dr, Franklin, NC 28734
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    Topton, NC Land For Sale
    Contact for pricing
    0.86 Acres

    Topton, NC Land For Sale

    High elevation lot suitable for summer home or vacation rental.

    Mt. Tabor, Topton, NC 28781
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    Franklin, NC Acreage For Sale
    Contact for pricing
    1.04 Acres

    Franklin, NC Acreage For Sale

    1.04 acre lot near Main Street with mountain views.

    52 53, Franklin, NC 28734
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    Franklin Commercial Property with Warehouse
    $899,000
    6,900 SF

    Franklin Commercial Property with Warehouse

    Retail and warehouse space near Downtown Franklin, North Carolina.

    144 Carolina Dr, Franklin, NC 28734
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    Otto, NC Land Opportunity
    $399,900
    31.32 Acres

    Otto, NC Land Opportunity

    31.32-acre property with natural spring, stream, and waterfall.

    Mulberry Rd, Otto, NC 28763
    View details
    Topton, NC Land For Sale
    Contact for pricing
    0.19 Acres

    Topton, NC Land For Sale

    Residential land with potential lake views, great for vacation home.

    Mount Mariah Rd, Topton, NC 28781
    View details
    Franklin, NC Land with Creek
    $70,000
    1.77 Acres

    Franklin, NC Land with Creek

    1.77 acre lot with creek in Highlands Pass community.

    Highlands Pass, Franklin, NC 28734
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    Residential Land in Gated Community
    $53,000
    2.69 Acres

    Residential Land in Gated Community

    Buildable lot in Highlands Pass development with nature amenities.

    Highlands Pass, Franklin, NC 28734
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    Franklin, NC Land with Views
    $79,900
    0.29 Acres

    Franklin, NC Land with Views

    Cleared lot with mountain views, close to downtown Franklin.

    Scenic Rdg Cir, Franklin, NC 28734
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    Franklin, NC Land For Sale
    $89,900
    0.64 Acres

    Franklin, NC Land For Sale

    0.64 acre lot in Scenic Ridge development near downtown.

    Scenic Rdg Cir, Franklin, NC 28734
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    Residential Land with Mountain Views
    $129,900
    0.67 Acres

    Residential Land with Mountain Views

    Ready-to-build lot with utilities near downtown Franklin, NC.

    Fairview St, Franklin, NC 28734
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    Ready-to-Build Lot with Mountain Views
    $129,900
    0.99 Acres

    Ready-to-Build Lot with Mountain Views

    Cleared lot with long-range mountain views near downtown Franklin.

    Fairview St, Franklin, NC 28734
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    Ready-to-Build Lot with Mountain Views
    $119,900
    0.64 Acres

    Ready-to-Build Lot with Mountain Views

    Cleared, level lot with utilities and mountain views near downtown.

    Scenic Rdg Cir, Franklin, NC 28734
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    Franklin, NC Land with Views
    $79,900
    0.33 Acres

    Franklin, NC Land with Views

    Cleared lot with mountain views near downtown Franklin, NC.

    Scenic Rdg Cir, Franklin, NC 28734
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    Mountain Land Parcel in Franklin, NC
    Contact for pricing
    1.41 Acres

    Mountain Land Parcel in Franklin, NC

    1.41-acre sloped parcel perfect for a dream retreat.

    20 21, Franklin, NC 28734
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    Franklin, NC Land Parcel
    Contact for pricing
    1.15 Acres

    Franklin, NC Land Parcel

    1.15-acre sloped parcel in a peaceful subdivision.

    18 19, Franklin, NC 28734
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    Residential Lot in Riverwood Ridge
    Contact for pricing
    1.00 Acres

    Residential Lot in Riverwood Ridge

    Groomed building lot near town with underground utilities and city water.

    Cortney Marie Dr, Franklin, NC 28734
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    Land in Highlands Pass
    $70,000
    2.05 Acres

    Land in Highlands Pass

    2.05 acre lot with mountain views and amenities.

    Highlands Pass, Franklin, NC 28734
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    Land in Highlands Pass Community
    $75,000
    2.81 Acres

    Land in Highlands Pass Community

    2.81-acre lot with scenic views and community amenities.

    Highlands Pass, Franklin, NC 28734
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    Land in Highlands Pass Community
    $75,000
    0.84 Acres

    Land in Highlands Pass Community

    Scenic lot with natural beauty and privacy in Franklin, NC.

    Highlands Pass, Franklin, NC 28734
    View details
    Franklin Land with Mountain Views
    $499,900
    5.85 Acres

    Franklin Land with Mountain Views

    5.85 acre multi-family zoned land near downtown Franklin, NC.

    Scenic Rdg Cir, Franklin, NC 28734
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    Franklin, NC Land For Sale
    $39,900
    0.33 Acres

    Franklin, NC Land For Sale

    Residential land with mountain views, close to downtown Franklin.

    Scenic Rdg Cir, Franklin, NC 28734
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    Franklin, NC Land For Sale
    $49,900
    0.26 Acres

    Franklin, NC Land For Sale

    Cleared lot with mountain views near downtown Franklin, NC.

    Scenic Rdg Cir, Franklin, NC 28734
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    Franklin, NC Land For Sale
    $49,900
    0.30 Acres

    Franklin, NC Land For Sale

    Residential land with mountain views, city utilities, and fiber internet.

    Scenic Rdg Cir, Franklin, NC 28734
    View details
    Residential Lot with Mountain Views
    $49,900
    0.28 Acres

    Residential Lot with Mountain Views

    Cleared residential lot in Scenic Ridge with utilities and views.

    Scenic Rdg Cir, Franklin, NC 28734
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    Residential Land in Scenic Ridge
    $49,900
    0.29 Acres

    Residential Land in Scenic Ridge

    Residential land with mountain views, close to downtown Franklin.

    Scenic Rdg Cir, Franklin, NC 28734
    View details
    Franklin, NC Land For Sale
    $59,900
    0.35 Acres

    Franklin, NC Land For Sale

    Residential land with mountain views near downtown Franklin, North Carolina.

    Scenic Rdg Cir, Franklin, NC 28734
    View details
    Franklin, NC Land For Sale
    $79,900
    0.45 Acres

    Franklin, NC Land For Sale

    Residential land with mountain views, city amenities, and utilities.

    Scenic Rdg Cir, Franklin, NC 28734
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    Franklin, NC Land Opportunity
    $69,900
    0.71 Acres

    Franklin, NC Land Opportunity

    Buildable lot near downtown Franklin with mountain views.

    Davidson St, Franklin, NC 28734
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    Residential Land in Scenic Ridge
    $59,900
    0.38 Acres

    Residential Land in Scenic Ridge

    Residential land with mountain views, city utilities, ready to build.

    Davidson St, Franklin, NC 28734
    View details
    Franklin, NC Land For Sale
    $2,300,000
    32.82 Acres

    Franklin, NC Land For Sale

    Large acreage with high visibility, suitable for development.

    1556 Georgia Rd, Franklin, NC 28734
    View details
    Unrestricted Land with Creek Access
    $200,000
    6.84 Acres

    Unrestricted Land with Creek Access

    6.84 acres of unrestricted land with utilities and creek.

    3757 Allison Watts Rd, Franklin, NC 28734
    View details
    Ready-to-Build Land in Franklin, NC
    $124,900
    3.42 Acres

    Ready-to-Build Land in Franklin, NC

    3.42 acre homesite with utilities and potential views.

    1091 Muskrat Valley Ln, Franklin, NC 28734
    View details
    Topton, NC Land For Sale
    Contact for pricing
    0.91 Acres

    Topton, NC Land For Sale

    High elevation lot, private, potential views, ideal for vacation rental.

    Mt. Tabor, Topton, NC 28781
    View details
    Franklin, NC Land with Views
    Contact for pricing
    1.14 Acres

    Franklin, NC Land with Views

    1.14 acre lot with mountain views ready for building.

    1557 Mountain Laurel Dr, Franklin, NC 28734
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    Franklin, NC Land with Views
    $59,900
    0.32 Acres

    Franklin, NC Land with Views

    Corner lot with mountain views near downtown Franklin, NC.

    Kingston St, Franklin, NC 28734
    View details
    Ready-to-Build Lot with Mountain Views
    $89,900
    1.00 Acre

    Ready-to-Build Lot with Mountain Views

    Cleared, gently-laying lot in Scenic Ridge near downtown Franklin.

    Fairview St, Franklin, NC 28734
    View details
    Residential Land in Scenic Ridge
    $79,900
    0.77 Acres

    Residential Land in Scenic Ridge

    Buildable lot with mountain views, city utilities, and fiber internet.

    Scenic Rdg Cir, Franklin, NC 28734
    View details
    Franklin, NC Buildable Lot
    $59,900
    0.43 Acres

    Franklin, NC Buildable Lot

    Buildable lot near downtown Franklin with mountain views.

    Charlotte St, Franklin, NC 28734
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    Residential Land in Scenic Ridge
    Contact for pricing
    0.23 Acres

    Residential Land in Scenic Ridge

    Residential land with mountain views, close to downtown Franklin.

    Kingston St, Franklin, NC 28734
    View details
    Franklin, NC Land Parcel
    $46,500
    3.43 Acres

    Franklin, NC Land Parcel

    3.43-acre parcel with mountain views near Franklin, NC.

    Lyle Knob Rd, Franklin, NC 28734
    View details
    Commercial Land Near Highlands Road
    $299,900
    3.20 Acres

    Commercial Land Near Highlands Road

    3.2-acre commercial land with utilities available in Franklin, NC.

    1011 Highlands Rd, Franklin, NC 28734
    View details
    Wooded Lot in Dogwood Subdivision
    Contact for pricing
    0.88 Acres

    Wooded Lot in Dogwood Subdivision

    0.88 acre wooded lot with shared well rights.

    Lauren Ln, Franklin, NC 28734
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    Residential Land in Gated Community
    Contact for pricing
    1.19 Acres

    Residential Land in Gated Community

    1.19 acre lot in Mill Creek Country Club.

    Reserve Rd, Franklin, NC 28734
    View details
    Franklin, NC Land For Sale
    $89,900
    0.58 Acres

    Franklin, NC Land For Sale

    Buildable lot with mountain views near downtown Franklin, North Carolina.

    Scenic Rdg Cir, Franklin, NC 28734
    View details
    Smoky Mountain Views Land
    $650,000
    101.00 Acres

    Smoky Mountain Views Land

    101-acre wooded mountain property with streams and waterfalls near Franklin.

    841 Hemlock Falls Rd, Franklin, NC 28734
    View details
    Land with Mountain Views
    $37,000
    3.59 Acres

    Land with Mountain Views

    3.59 acre lot in gated Long Creek Preserve.

    41 High Spring Rd, Bryson City, NC 28713
    View details
    Mountain View Land For Sale
    Contact for pricing
    1.15 Acres

    Mountain View Land For Sale

    1.15 acre lot with mountain views near Sylva, NC.

    247 Red Hawk Blf, Sylva, NC 28779
    View details
    209+ Acres Mountain Retreat Land
    $1,495,000
    209.66 Acres

    209+ Acres Mountain Retreat Land

    Pristine mountain retreat with streams, waterfalls, and off-grid living.

    833 Hemlock Fall Rd, Franklin, NC 28734
    View details
    28 Acres Unrestricted Mountain Property
    $500,000
    28.00 Acres

    28 Acres Unrestricted Mountain Property

    Unrestricted 28-acre mountain property with pasture, woodland, and views.

    700 Ned Hill Rd, Franklin, NC 28734
    View details
    Otto, NC Wooded Lot
    $33,000
    0.74 Acres

    Otto, NC Wooded Lot

    0.74 acre wooded lot in Heritage Mountain Estates.

    Heritage Way, Otto, NC 28763
    View details
    Mountain Land with Smoky Views
    $150,000
    9.07 Acres

    Mountain Land with Smoky Views

    9.07 acres with long-range views near Highlands and Franklin.

    2496 Coman Rd, Franklin, NC 28734
    View details
    Land in Scenic Ridge
    $69,900
    0.30 Acres

    Land in Scenic Ridge

    Residential land with mountain views, close to downtown Franklin.

    Scenic Rdg Cir, Franklin, NC 28734
    View details
    Unrestricted Property with Income Potential
    $479,000
    3.77 Acres

    Unrestricted Property with Income Potential

    3.77 acre property with main house and mobile home.

    4908 Rose Creek Rd, Franklin, NC 28734
    View details
    Commercial Land in Sylva, NC
    $600,000
    7.98 Acres

    Commercial Land in Sylva, NC

    Almost 8 acres of commercial property zoned General Business.

    Grindstaff Cove Rd, Sylva, NC 28779
    View details
    Land for Sale
    $189,900

    Land for Sale

    Land available on Moon Shadow Road.

    43 Moon Shadow Rd, Franklin, NC 28734
    View details

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    REMAX ELITE REALTY
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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
    REMAX ELITE REALTY
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