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

    238 Wild Iris lot 294 Cashiers, NC 28717

    View on Map
    For Sale
    $295,000

    LAND - Cashiers, NC

    Lot size:
    0.55 Acres
    Added:
    Mar 3, 2026
    Days on Market:
    29
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 238 Wild Iris lot 294

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    7563-40-9621
    Lot size
    0.55 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    668

    Utilities

    Water source
    Private

    We can help!

    Listing Contact
    Brenda Beye

    Listing agent Brenda Beye

    Listing office Highlands Sotheby's International Realty - DT 114 N 4th Street, NC

    Listing date Mar 3, 2026

    MLS# 1002726 Listing URL

    Copyright © 2026 Highlands Cashiers 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

    Golf Course Lot in Trillium

    This 0.55-acre lot is located in a quiet area of Trillium Links, near the end of a cul-de-sac, and fronts the 7th green of the Trillium Links Golf Course. The lot slopes gradually from the street to the golf course, making it suitable for building. With selective trimming, the property offers golf course and mountain views. The community has fiber optics. Ownership includes generational privileges. Membership in Trillium Links & Lake Club is available, offering access to the 18-hole golf course, boat rentals and activities on Lake Glenville, indoor and outdoor tennis, pickleball, croquet, a fitness center, hiking trails, kids programs, an on-site chapel with seasonal services, and multiple dining venues, including the Clubhouse, which was renovated in 2023, and the new Landings facility now under construction. Some community amenities depend on optional membership, which may be wait-listed. The property is located in Cashiers, North Carolina.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Dental Office Skin Care Clinic Auto Parts Store Pharmacy Auto Repair Shop Garden Center Bakery Veterinary Clinic Big Box & Wholesale Store Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cashiers
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.1324698
    Latitude
    35.1375633

    Nearby Similar for Sale

    • $699,000

      Prime Commercial Land in Cashiers

      2.34 acres with highway visibility in Cashiers, North Carolina.
      462 US 64 W lot: 1&2, Cashiers, NC 28717
      View Details
    • $425,000

      Cashiers Land with View Potential

      2.89-acre lot with building options and view potential.
      Drystack Way lot: 219, Cashiers, NC 28717
      View Details
    • $365,000

      Wooded Land Near US Forest

      5.83 acres of wooded land adjoining US Forest Service.
      S Hwy 107, Cashiers, NC 28717
      View Details
    • $198,000

      Land in Nantahala National Forest

      Land walkable to village center, near waterfalls and hiking.
      Edward Fowler Road lot: B, Cashiers, NC 28717
      View Details
    • $699,900

      Highway Frontage Land Opportunity

      Prime land for development in a high-visibility location.
      2678 N Hwy 107 lot: Tract A, Cashiers, NC 28717
      View Details
    • $175,000

      Land in Cedar Hill, Cashiers

      2.28-acre lot in gated community with optional amenities.
      W Rochester Drive lot: 12, Cashiers, NC 28717
      View Details
    • $119,000

      Cashiers Land with Multiple Streams

      3.39-acre homesite featuring three streams in gated community.
      E Rochester Drive lot: 46, Cashiers, NC 28717
      View Details
    • $235,000

      Vacant Lot in Lancewood

      Rare vacant lot to build your dream home in Cashiers.
      349 Lance Road, Cashiers, NC 28717
      View Details
    • $1,975,000

      High Hampton Homesite with Mountain Views

      Exceptional 2.6-acre homesite with privacy, views, and easy build.
      87 Flagstone Road lot: 87, Cashiers, NC 28717
      View Details
    • $995,000

      High Hampton Homesite in Cashiers

      1.07-acre homesite in a sought-after community with many amenities.
      Ivy Gate Lane lot: 24, Cashiers, NC 28717
      View Details
    • $150,000

      Land in Gated Cedar Hill

      1.98 acres in a sought-after Cashiers, NC community.
      38 Loblolly Lane lot: 38, Cashiers, NC 28717
      View Details
    • $1,700,000

      Mountaintop Golf Homesite Opportunity

      Rare, buildable homesite in exclusive Mountaintop Golf & Lake Club.
      Lt E65 Ginhouse Creek Lane lot: E65, Cashiers, NC 28717
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Premium lot with golf course and mountain views.
    Where is this residential land & home lot located?
    The property is located at 238 Wild Iris lot 294 Cashiers, NC.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: Premium golf course lot on the 7th green of Trillium Links Golf Course.; "Easy to build" lot with a gentle slope.; Excellent golf course and mountain views possible with selective trimming.
    (828) 507-1227
    We can help!
    Listing Contact
    Brenda Beye
    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!