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

    14B Saddle Ridge Farms Warne, NC 28909

    View on Map
    For Sale
    $69,999

    Lot - WARNE, NC

    Lot size:
    3.12 Acres
    Added:
    Jun 3, 2024
    Days on Market:
    667
    Last Refresh:
    Mar 31 at 4:06 pm

    Property Features for 14B Saddle Ridge Farms

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Single Family
    Standard status
    Active
    Lot size
    3.12 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    0

    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 Jun 3, 2024

    MLS# 129089 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.

    Overview

    Land with Pasture and Pond

    This 3.12-acre lot is located in a restricted community convenient to Warne, Brasstown, Hayesville, and Young Harris, GA. The property features pasture, mountain views, a pond, and a creek. It is suitable for a mini-farm or estate acreage. The lot benefits from underground utilities and a paved road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Real Estate Agency Department Store Grocery & Convenience Store Bar & Pub Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Warne
    County
    Clay
    State
    North Carolina
    Longitude
    -83.911666
    Latitude
    35.007101

    Nearby Similar for Sale

    • $29,900

      One-Acre Lot in Warne, NC

      One-acre lot, ideal for building a cabin getaway.
      Lot 24 Pine Log Circle, Warne, NC 28909
      View Details
    • $16,000

      Pond Front Lot in Warne

      1.56 acre pond front lot in gated community.
      2B Ashley Trail, WARNE, NC 28909
      View Details
    • $40,500

      Warne, NC Vacant Lot

      Mountain view lot suitable for cabin or full-time home.
      25 Mountain Knoll Lane, Warne, NC 28909
      View Details
    • $31,500

      Warne, NC Vacant Lot

      1.01-acre lot in gated community with mountain views.
      Lot 3 Willow Ridge, Warne, NC 28909
      View Details
    • $209,000

      Land Fronting Brasstown Creek

      Land with creek frontage, septic, well, and possible financing.
      6211 Old Highway 64 W, WARNE, NC 28909
      View Details
    • $31,500

      Warne, NC Vacant Lot

      1.02-acre lot in gated mountain community with year-round views.
      Lot 4 Willow Ridge, Warne, NC 28909
      View Details
    • $14,900

      Warne, NC Vacant Homesite

      1.49-acre wooded homesite in well-maintained subdivision with paved access.
      24 Mountain Knoll Lane, Warne, NC 28909
      View Details
    • $16,000

      Warne, NC Vacant Lot

      Private 1.56-acre lot with seasonal mountain views.
      2b Ashley Trail, Warne, NC 28909
      View Details
    • $31,950

      Warne, NC Vacant Lot

      1.22-acre lot in gated community with mountain views.
      Lot 1 Willow Ridge, Warne, NC 28909
      View Details
    • $49,900

      Creekside Lot in Brasstown Trails

      Pastoral 1.06 acre lot in Brasstown Trails community.
      Lot 50 Brasstown Trails, OTHER, NC 28909
      View Details
    • $54,500

      Warne, NC Vacant Lot

      1.07 acre lot near Brasstown Creek, ready to build.
      Lot 53 Brasstown Trails, Warne, NC 28909
      View Details
    • $36,900

      Warne, NC Vacant Lot

      1.30 acre vacant lot in Brasstown Trails, Warne, NC.
      Lot 44 Brasstown Trails, Warne, NC 28909
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - 3.12 acre lot with pasture, pond, and mountain views.
    Where is this horse & equestrian property located?
    The property is located at 14B Saddle Ridge Farms Warne, NC.
    What is the asking price?
    The asking price for this property is $69,999.
    What are key features of this property?
    This property features: Suitable for horses/mini‑farm or estate.; Beautiful pasture, pond, and creek offer serene landscapes.; Enjoy great mountain views.
    (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

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