Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    101 Quail Ridge Trail Franklin, NC 28734

    View on Map
    Claim this Listing
    For Sale
    $365,000

    MULTI_FAMILY - Ranch, Cottage - Franklin, NC

    Type:Single Family Residence
    Lot size:
    1.23 Acres
    Added:
    Feb 27, 2026
    Days on Market:
    43
    Last Refresh:
    Apr 11 at 4:06 am

    Property Features for 101 Quail Ridge Trail

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Dining Room, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
    Parking features
    Garage - Attached
    Window features
    Window Treatments, Screens
    Patio and Porch features
    Porch
    Interior features
    Cathedral/Vaulted Ceiling, Ceiling Fan(s), Living/Dining Room, Main Level Living, Primary w/Ensuite, Primary on Main Level
    Fireplace
    1
    Basement
    Crawl Space
    Appliances
    Electric Water Heater, Dishwasher, Microwave, Gas Oven/Range, Refrigerator, Washer, Dryer
    Standard status
    Active
    APN
    6591271011
    Lot size
    1.23 Acres

    Taxes and HOA fees

    Tax Annual Amount
    828

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Propane (Heating), Baseboard
    Cooling system
    Central Air, Electric
    Water source
    Well

    Building Details

    Year built
    1992
    Flooring type
    Tile - Ceramic, Vinyl
    Building materials
    Wood Siding
    Roof type
    Metal
    Architectural style
    Cottage, Ranch
    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Lyndell Suttles
    Lyndell Suttles

    Listing agent Lyndell Suttles License #333287

    Listing office Bald Head Realty 33 Pine Lane, Franklin, NC

    Listing date Feb 27, 2026

    MLS# 26042826

    Copyright © 2026 Carolina Smokies Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Franklin Home with Mountain Views

    This well-maintained home is located approximately 15 minutes from downtown Franklin, North Carolina, and offers easy access with a level driveway and yard. Step-free entry is provided through the garage via a short ramp. Inside, the home features vaulted ceilings in the living and dining areas, along with new luxury vinyl plank flooring and a stone-faced gas log fireplace. The kitchen is equipped with a stainless steel gas range, ample cabinetry, and generous counter space. The primary suite includes an ensuite bath with a step-in shower. Outdoor living spaces include a covered front porch and a private covered back porch suitable for grilling and relaxing. The property also features a sunny, flat yard with low-maintenance trees, a storage shed, and potential for an Additional Dwelling Unit (ADU). The lot size is 1.23 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Building Supply Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Department Store Food Market Electronics & Wireless Store Electrical Service Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Macon
    State
    North Carolina
    Longitude
    -83.3736123
    Latitude
    35.0914623

    Nearby Similar for Sale

    • $539,900
      2,500 SF

      West Main Street Commercial Property

      Prime commercial real estate suitable for various business ventures.
      535 W Main Street, Franklin City Limits, NC 28734
      View Details
    • $499,000
      2,680 SF

      Historical Building with Commercial Zoning

      Charming 1910 building repurposed for commercial use.
      473 Palmer Street, Franklin, NC 28734
      View Details
    • $695,000

      Commercial Property on US 441

      Commercial property with highway frontage and flexible zoning.
      5120 Georgia Rd, Franklin, NC 28734
      View Details
    • $385,000
      3,480 SF

      Versatile Warehouse Near Downtown Franklin

      Single-story warehouse suitable for storage, manufacturing, automotive, or industrial use.
      244 Burnette Road, Franklin City Limits, NC 28734
      View Details
    • $429,900

      Professional Building Near Downtown Franklin

      Adaptable office building suitable for various professional uses.
      156 White Oak Street, Franklin City Limits, NC 28734
      View Details
    • $799,000
      6,850 SF

      Unique Retail/Office Opportunity, Franklin, NC

      Three-story building with retail and office space in Franklin.
      153 E Palmer St, Franklin, NC 28734
      View Details
    • $449,000
      6,000 SF

      Franklin Commercial Building on 1.19 Acres

      Commercial/Industrial building on 1.19 acres with high traffic flow.
      967 Roller Mill Road, Franklin, NC 28734
      View Details
    • $899,000

      Franklin Commercial Property with Warehouse

      Retail and warehouse space near Downtown Franklin, North Carolina.
      144 Carolina Drive, Franklin, NC 28734
      View Details
    • $775,000
      10,000 SF

      Downtown Franklin Processing Center Opportunity

      Former meat processing center with refrigeration, parking, and high exposure.
      211 W Palmer St, Franklin City Limits, NC 28734
      View Details
    • $1,300,000
      9,400 SF

      Versatile Commercial Building in Franklin

      Adaptable commercial asset in Franklin's core business district.
      261 E Palmer St, Franklin City Limits, NC 28734
      View Details
    • $419,000
      1,738 SF

      Remodeled Office Building, Franklin, NC

      Newly renovated office building in downtown Franklin with high visibility.
      1021 E Main St, Franklin, NC 28734
      View Details
    • $775,000
      13,392 SF

      Downtown Franklin Retail/Processing Opportunity

      Retail or processing space in downtown Franklin, North Carolina.
      24 Commerce St, FRANKLIN, NC 28734
      View Details

    FAQs

    What type of property is this?
    Single family property - Well-maintained home near Franklin, NC with easy access.
    Where is this single family property located?
    The property is located at 101 Quail Ridge Trail Franklin, NC.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: Convenient step‑free entry and level driveway/yard provide easy accessibility.; Well‑maintained 2BR/2BA home suitable as a starter home, retirement residence, or mountain getaway.; Features new luxury vinyl plank flooring, vaulted ceilings, and a **stone‑faced gas log fireplace.**
    (828) 332-7751
    We can help!
    Listing Contact
    Lyndell Suttles
    Lyndell Suttles
    Real Estate License ID: 333287
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!