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

    E Wabash Dr Sylva, NC 28779

    View on Map
    Claim this Listing
    For Sale
    $125,000

    LAND - Sylva, NC

    Lot size:
    12.80 Acres
    Added:
    Dec 29, 2025
    Days on Market:
    123
    Last Refresh:
    May 1 at 3:06 pm

    Property Features for E Wabash Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    7651931281
    Lot size
    12.80 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1

    We can help!

    Listing Contact
    Mark E. Bryant
    Mark E. Bryant

    Listing agent Mark E. Bryant

    Listing office NC MOUNTAIN REAL ESTATE 1609 E Main Street, Sylva, NC

    Listing date Dec 29, 2025

    MLS# 26040471 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, NC Land Parcel

    This 12.80-acre land parcel is located near the top of Dogwood Acres in Sylva, North Carolina. Situated at an elevation of 3,400 feet, the property offers views. A road has been cut into the lot from the paved access of E Wabash Drive. The property can accommodate two houses. The sellers are open to considering financing options with an appropriate down payment. The parcel is adjacent to a newly listed 61.13-acre property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Sylva
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.165568
    Latitude
    35.368805

    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
    • $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
    • $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
    • $1,500,000
      6,144 SF

      Mountain Fortress in Gated Community

      Unique mountain top property with stunning views and rental potential.
      2222 Greenspire Drive, 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
    • $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

    FAQs

    What type of property is this?
    Land - 12.8 acre land parcel with road access in Sylva, NC.
    Where is this land located?
    The property is located at E Wabash Dr Sylva, NC.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: Magnificent view at 3,400 feet elevation; Large 12.80 acre parcel; Road cut in from paved access (E Wabash Drive)
    (404) 468-3737
    We can help!
    Listing Contact
    Mark E. Bryant
    Mark E. Bryant
    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

    E Wabash Dr, Sylva, NC 28779

    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!