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

    17 Garnet Road Sylva, NC 28779

    View on Map
    For Sale
    $39,500

    LAND - Sylva, NC

    Lot size:
    2.30 Acres
    Added:
    Mar 23, 2026
    Days on Market:
    15
    Last Refresh:
    Apr 6 at 8:06 pm

    Property Features for 17 Garnet Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Partially Wooded
    Standard status
    Active
    APN
    7527884325
    Lot size
    2.30 Acres

    Taxes and HOA fees

    Tax Annual Amount
    195

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Cynthia Nichole Creech

    Listing agent Cynthia Nichole Creech

    Listing office Whitetail Properties Real Estate, LLC 1148 Fallston Road, Falston, NC

    Listing date Mar 23, 2026

    MLS# 26046683

    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

    Wooded Land in Gated Community

    This 2.30+-acre wooded parcel is located within the gated Garnet Ridge Preserve community in Sylva, North Carolina. Situated on a no-outlet road, the property offers a private mountain setting. Paved road access is available throughout the development. The terrain is sloped, featuring multiple flatter areas that may be suitable for additional outdoor improvements. Underground utilities are in place, with power and water available on site. The community provides access to a clubhouse and borders nearly 3,000 acres of United States Forest Service land, offering nearby opportunities for outdoor recreation. The property is located within 20 minutes of Sylva and Franklin, and near Dillsboro, providing convenient access to shopping, dining, and local services.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Sylva
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.2733544
    Latitude
    35.2528986

    Nearby Similar for Sale

    • $390,000
      1,020 SF

      Versatile Commercial Property on Skyland Drive

      Move-in ready building suitable for retail, office, or daycare.
      286 Skyland Drive, Sylva, NC 28779
      View Details
    • $695,000
      6,900 SF

      Commercial Building in Sylva, NC

      Large commercial building suitable for retail or automotive use.
      478 Asheville Highway, Sylva, NC 28779
      View Details
    • $949,000
      900 SF

      Sylva Commercial Property For Sale

      Commercial property with office space and expansion potential in Sylva.
      307 E Main Street, Sylva, NC 28779
      View Details
    • $685,000

      Charming Farmhouse in Webster, NC

      Storybook setting, versatile spaces, and convenient location near Sylva.
      180 Paw Paw Cv, Sylva, NC 28779
      View Details
    • $995,000

      50+ Acre Estate with Mountain Views

      Private estate with mountain views, ponds, and existing home.
      930 Copperhead Cove, Sylva, NC 28779
      View Details
    • $995,000
      1,620 SF

      50+ Acres with Mountain Views

      Two bed, two bath home with unrestricted acreage and views.
      930 Copperhead Cove, Sylva, NC 28779
      View Details
    • $400,000

      Land with Road Frontage

      2.58 acres with road frontage, city utilities access.
      Connor Rd, Sylva, NC 28779
      View Details
    • $989,000

      Commercial Land Near Western Carolina

      0.9 acre commercial land with utilities near Western Carolina University.
      628 E Main St, Sylva, NC 28779
      View Details
    • $1,250,000
      11,000 SF

      West Main Street Retail Opportunity

      Two buildings with retail and office spaces on bustling Main.
      562 W Main Street, Sylva, NC 28779
      View Details
    • $359,000

      Charming 1950s Farmhouse in Sylva

      Charming farmhouse with modern updates on a peaceful lot.
      745 Perley Hyatt, Sylva, NC 28779
      View Details
    • $600,000

      Commercial Land in Sylva, NC

      Almost 8 acres of commercial property zoned General Business.
      Grindstaff Cove Road, Sylva, NC 28779
      View Details
    • $350,000

      Charming Cottage with Development Potential

      Move-in ready cottage with extra lot and development potential.
      318 Sunrise Park, Sylva, NC 28779
      View Details

    FAQs

    What type of property is this?
    Recreation land - 2.30-acre wooded parcel in Sylva, NC, with community amenities.
    Where is this recreation land located?
    The property is located at 17 Garnet Road Sylva, NC.
    What is the asking price?
    The asking price for this property is $39,500.
    What are key features of this property?
    This property features: Gated community bordering 3,000 acres of US Forest Service land; 2.30+- acre wooded parcel with a private mountain setting; Underground utilities in place, with power and water available on site
    (478) 494-7504
    We can help!
    Listing Contact
    Cynthia Nichole Creech
    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!