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

    E Main St Sylva, NC 28723

    View on Map
    Claim this Listing
    Pending
    $175,000

    COMMERCIAL - Sylva, NC

    Lot size:
    1.10 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 22 at 3:06 pm

    Property Features for E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Vegetation
    Heavily Wooded
    Standard status
    Pending
    APN
    7641745241
    Lot size
    1.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    435

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Brandi Rininger

    Listing agent Brandi Rininger

    Listing office eXp Realty, LLC (MLS Only) 16 Biltmore Avenue Suite #300, Asheville, NC

    Listing date Mar 2, 2026

    MLS# 26043133 Listing URL

    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

    Sylva Commercial Land Opportunity

    This approximately 1.1-acre commercial land parcel is located within Sylva city limits in Jackson County. It offers highway frontage on E Main Street, providing visibility and access. The property features a mix of level, rolling, and wooded terrain, with a flatter area near the front and gently rising land toward the rear. City water and sewer are available, with buyer verification required. The location is minutes from downtown Sylva, Western Carolina University, local businesses, and major travel routes. Possession is available at closing. This property is suitable for investors, developers, or business owners looking to establish a presence in a growing Western North Carolina market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Sylva
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.2017507
    Latitude
    35.3650526

    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
    • $400,000

      Land with Road Frontage

      2.58 acres with road frontage and city utilities.
      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 Commercial Buildings

      Two buildings with retail, office spaces, and business opportunities.
      562 W Main Street, 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
    • $136,500

      Commercial Land in Sylva, NC

      Flat, nearly cleared commercial land parcel ready for development.
      120 Allens Branch Road, Sylva, NC 28779
      View Details
    • $895,000

      Riverfront Property in Sylva, NC

      1.67-acre property with 400 feet of Tuckaseegee River frontage.
      522 N River Road, Sylva, NC 28779
      View Details
    • $1,650,000
      13,000 SF

      Commercial Opportunity in Downtown Sylva

      Versatile 13,000 sq.ft. building with parking and creek frontage.
      456 W Main Street, Sylva, NC 28789
      View Details
    • $475,000

      Unrestricted Land Near Tuckasegee River

      20.78 acres near Sylva and Dillsboro with development potential.
      105 Marble Dr, Sylva, NC 28779
      View Details
    • $475,000

      Unrestricted Land Near Tuckasegee River

      20.78 acres near Sylva, NC, with development potential.
      105 Marble Drive, Sylva, NC 28779
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.1-acre commercial land with highway frontage in Sylva, NC.
    Where is this commercial land located?
    The property is located at E Main St Sylva, NC.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Prime commercial land with excellent highway frontage on E Main Street.; Located within Sylva city limits, minutes from downtown, Western Carolina University, and major travel routes.; Approximately 1.1‑acre parcel offering strong visibility and easy access.
    (813) 924-7366
    We can help!
    Listing Contact
    Brandi Rininger
    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!