Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Fairview Land with Mountain Views Title is generated by Realmo AI

    999999 Old Fort Road, Fairview, NC 28730

    View on Map
    Claim this Listing
    For Sale
    $399,000

    LAND - Fairview, NC

    Lot size:
    14.00 Acres
    Added:
    Feb 7, 2026
    Days on Market:
    99
    Last Refresh:
    May 17 at 12:06 am

    Property Features for 999999 Old Fort Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    OU
    Standard status
    Active
    APN
    9686-09-2542-00000
    Lot size
    14.00 Acres

    Taxes and HOA fees

    Tax Description
    DEED DATE: 11/27/1973 DEED: 1091-0398 SUBDIV: BLOCK: LOT: SECTION: PLAT: 0000-0000

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Dale Merrill
    Dale Merrill

    Listing agent Dale Merrill License #63822

    Listing office RE/MAX Executive 56 Central Avenue, Suite 101, Charlotte, NC

    Listing date Feb 7, 2026

    MLS# 4341332 Listing URL

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Close proximity to downtown Asheville (10 minutes) in the desirable Fairview area.
    • Ideal sites for a mountain estate or vacation home with potential for year‑round views.
    • Easy paved access and a mix of sloping and rolling terrain at a 2650 ft elevation.
    • Mature hardwood trees, majestic pines, and rhododendrons create an Appalachian Mountain atmosphere.
    • Development potential as the property borders Fairview Downs with road frontage.
    • Family property passed down for generations.

    Overview

    This 14-acre property, located in Fairview, North Carolina, presents an opportunity to own a piece of family land. Situated in a desirable area, it is approximately 10 minutes from downtown Asheville. The land features mature hardwoods, pines, and rhododendrons. The property has easy paved access to the sloping front portion, transitioning to a more rolling terrain near the top at an elevation of 2650 ft. There are ideal sites to perch a mountain estate or a vacation home getaway. The property offers potential year-round views of Big Cedar Mountain, Butler Mountain, and distant Blue Ridge ranges. The property borders Fairview Downs at the rear and has road frontage on Old Fort Road, just past Spivey Lake.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.31694
    Latitude
    35.557884

    Nearby Similar for Sale

    • $55,000

      Land with Spectacular Views

      2.93-acre land parcel offering views and privacy.
      99999 Red Oak Forest Road, Fairview, NC 28730
      View Details
    • $90,000

      Partially Developed Home Site

      Rare opportunity to purchase a partially developed home site.
      Red Oak Forest Road, Fairview, NC 28730
      View Details
    • $475,000

      Exceptional Mountain Estate Opportunity

      5.2-acre double lot in gated mountain community with long-range views.
      506 Southcliff Parkway, Fairview, NC 28730
      View Details
    • $170,000

      Fairview Forest Land Opportunity

      Two adjacent parcels totaling 4.45 acres in Fairview, NC.
      99999 Fairview Forest Drive, Fairview, NC 28730
      View Details
    • $75,000

      Residential Lot in Hillshire Woods

      0.70-acre lot in Fairview, NC, with well installed.
      38 Gollum Drive, Fairview, NC 28730
      View Details
    • $118,000

      Fairview Land with Septic System

      2+ acre lot with septic and well in place.
      23 Craig Circle, Fairview, NC 28730
      View Details
    • $220,800

      Scenic Mountain Land Parcel

      Beautiful mountain parcel with easy access and view potential.
      99999 Weldon Way, Fairview, NC 28730
      View Details
    • $145,000

      Partially Developed Home Site

      Rare opportunity: 3 lots with view potential in Fairview.
      999 Red Oak Forest Road, Fairview, NC 28730
      View Details
    • $150,000

      Fairview Homesite Opportunity on 1.49 Acres

      Cleared 1.49-acre homesite in Fairview, NC, ready for construction.
      25 Buck Ridge Road, Fairview, NC 28730
      View Details
    • $159,000

      Ready-to-Build Homesite in Cane Creek

      Build-ready 0.97-acre lot with mountain views and installed infrastructure.
      31 Cane Creek Circle, Fairview, NC 28730
      View Details
    • $250,000

      Exceptional Homesite with Mountain Views

      Rare 10.1-acre homesite with privacy, convenience, and long-range views.
      10.1 Acres on Old Fort Road, Fairview, NC 28730
      View Details
    • $575,000

      Fairview Land with Mountain Views

      20.2 acres with long-range views and subdivision potential.
      99999 Nesbitt Chapel Road, Fairview, NC 28730
      View Details

    FAQs

    What type of property is this?
    Land - 14 acres in Fairview, NC, with mountain view potential.
    Where is this land located?
    The property is located at 999999 Old Fort Road Fairview, NC.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Close proximity to downtown Asheville (10 minutes) in the desirable Fairview area.; Ideal sites for a mountain estate or vacation home with potential for year‑round views.; Easy paved access and a mix of sloping and rolling terrain at a 2650 ft elevation.
    (828) 275-4130
    We can help!
    Listing Contact
    Dale Merrill
    Dale Merrill
    Real Estate License ID: 63822
    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
    999999 Old Fort Road, Fairview, NC 28730
    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!