Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Brasstown, NC Corner Lot Title is generated by Realmo AI

    Lot 11 The Preserve, Brasstown, NC 28902

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Lot - BRASSTOWN, NC

    Lot size:
    1.50 Acres
    Added:
    Jan 24, 2024
    Days on Market:
    836
    Last Refresh:
    May 9 at 6:06 pm

    Property Features for Lot 11 The Preserve

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Deed Restricted
    Standard status
    Active
    Lot size
    1.50 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0
    Expense value
    235
    Expense
    Home Owner Assessments Fee

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Rick Andrews
    Rick Andrews

    Listing agent Rick Andrews

    Listing office Century 21 Black Bear Realty 3680 Hwy 76, Young Harris, NC

    Listing date Jan 24, 2024

    MLS# 145508 Listing URL

    Copyright © 2026 Mountain Lakes Board 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.

    HighLights

    • 1.5 acre corner lot with view potential.
    • Option to build high for views or low for lush greenery.
    • Opportunity to combine with adjacent lots for larger parcel.
    • Gated community with paved roads.
    • Access to shared well and public utilities.
    • Convenient location between Hayesville and Murphy.

    Overview

    This 1.5-acre corner lot offers building options to capture views or create a gentle lot surrounded by greenery. Located in The Preserve @ Beach Mountain, a gated community with paved roads, the property has access to a shared well and public utilities. The location is between Hayesville and Murphy. The property is deed restricted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Brasstown
    County
    Clay
    State
    North Carolina
    Longitude
    -83.9562
    Latitude
    35.0209

    Nearby Similar for Sale

    • $27,000

      Brasstown Vacant Land Opportunity

      3.59 acres in Laurel Mountain Estates, Brasstown, North Carolina.
      Lot 16 Laurel Mountain, Brasstown, NC 28902
      View Details
    • $150,000

      Brasstown, NC Vacant Land

      5.74 acres of land with mountain views in Brasstown.
      12 Daisy Drive, Brasstown, NC 28902
      View Details
    • $150,000

      Brasstown Acreage with Mountain Views

      5.74 acres with well, septic, power, and internet.
      12 Daisy Drive, Brasstown, NC 28902
      View Details
    • $30,000

      Brasstown, NC Vacant Mountain Lot

      Private 1.46-acre mountain lot in Brasstown, North Carolina.
      Lot25 Laurel Mountain Drive, Brasstown, NC 28902
      View Details
    • $29,000

      Brasstown, NC Lot with River Access

      Residential lot in gated community with river access and septic approval.
      Lot 10 Trillium Heights, BRASSTOWN, NC 28902
      View Details
    • $55,000

      Brasstown Vacant Land with Views

      3-acre unrestricted Brasstown property with privacy and excellent views.
      1982 Pinelog Church Road, Brasstown, NC 28902
      View Details
    • $29,000

      Brasstown, NC Vacant Lot

      Vacant lot in gated community with river access.
      Lot 10 Trillium Heights, Brasstown, NC 28902
      View Details
    • $34,900

      Creek Front Lot in Brasstown

      1.27 acre lot near Gumlog Creek in western North Carolina.
      Lot 13 Creekside Acres, Brasstown, NC 28902
      View Details
    • $24,900

      Wooded Lot Near Folk School

      One acre wooded lot ready for a dream home.
      1ac Green Cove Road, Brasstown, NC 28902
      View Details
    • $24,900

      Brasstown, NC Wooded Lot

      One acre wooded lot ready for your dream home.
      1ac Bruce Wike Lane, Brasstown, NC 28902
      View Details
    • $29,900

      BRASSTOWN, NC Land For Sale

      Residential land in Mountain View community, BRASSTOWN, NC.
      Lot 4 Ridgeline, BRASSTOWN, NC 28902
      View Details
    • $27,900

      Land in Upscale Subdivision

      3.02+/- acre parcel with paved roads and gated entrance.
      00 Heritage Trl, BRASSTOWN, NC 28902
      View Details

    FAQs

    What type of property is this?
    Land - 1.5 acre corner lot with view in gated community.
    Where is this land located?
    The property is located at Lot 11 The Preserve Brasstown, NC.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 1.5 acre corner lot with view potential.; Option to build high for views or low for lush greenery.; Opportunity to combine with adjacent lots for larger parcel.
    (828) 557-9139
    We can help!
    Listing Contact
    Rick Andrews
    Rick Andrews
    Real Estate License ID: 293322
    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

    Thank You for Inquiry
    Lot 11 The Preserve, BRASSTOWN, NC 28902
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!