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

    Knox Creek Road lot 6 And 7, Tamassee, SC 29686

    View on Map
    Claim this Listing
    For Sale
    $39,900

    LAND - Tamassee, SC

    Lot size:
    0.61 Acres
    Added:
    Dec 5, 2024
    Days on Market:
    547
    Last Refresh:
    Jun 5 at 2:06 am

    Property Features for Knox Creek Road lot 6 And 7

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    052-01-03-006
    Lot size
    0.61 Acres

    We can help!

    Listing Contact
    Cliff Powell
    Cliff Powell

    Listing agent Cliff Powell License #98545

    Listing office Powell Real Estate 3802 BLUE RIDGE BLVD, Walhalla, SC

    Listing date Dec 5, 2024

    MLS# 20281714 Listing URL

    Copyright © 2026 Western Upstate 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.

    HighLights

    • Large 0.61 acre lot offers ample space.
    • No HOA dues or restrictive covenants provide flexibility.
    • Mountain views enhance the property's appeal.
    • Ideal for various uses: RV, tiny home, investment, or permanent residence.
    • Great topography and mature trees create a desirable natural setting.
    • Located on a private County Road for added privacy.

    Overview

    This 0.61-acre combined lot is located on a private county road and offers mountain views. Formerly part of the Lake Cherokee Subdivision, the parcel is suitable for those seeking a mountain retreat without HOA dues or restrictive covenants. The topography is favorable, and the land is populated with mountain laurel and mature trees. It is suitable for an RV, tiny home, investment property, or permanent residence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Tamassee
    County
    Oconee
    State
    South Carolina
    Longitude
    -83.06033
    Latitude
    34.90157

    Nearby Similar for Sale

    • $80,000

      Lakefront Homesite in Fiddler's Cove

      1.17-acre lakefront lot with mountain views in Tamassee, SC.
      621 The Bear Boulevard, Tamassee, SC 29686
      View Details
    • $45,000

      Lakefront Homesite in Fiddler's Cove

      Serene 0.58-acre lakefront lot with mature hardwoods and water views.
      617 The Bear Boulevard, Tamassee, SC 29686
      View Details
    • $60,000

      Lakefront Homesite in Fiddler's Cove

      Private lakefront homesite with mountain views in Oconee County.
      619 The Bear Boulevard, Tamassee, SC 29686
      View Details
    • $95,000

      Tamassee Land with Lake Views

      3.38 acres with lake frontage and mountain views.
      Panda Parkway, Tamassee, SC 29686
      View Details
    • $180,000

      Lakefront Land in Fiddler's Cove

      Three contiguous lakefront lots with 355 feet of shoreline.
      621, 619, 617 The Bear Boulevard, Tamassee, SC 29686
      View Details
    • $83,000

      Lakefront Lot in Fiddlers Cove

      Lakefront 0.73-acre lot with 101 feet of frontage.
      611 The Bear Boulevard, Tamassee, SC 29686
      View Details
    • $340,250

      Tamassee Land for Mountain Retreat

      Land in Oconee County, SC, ideal for a mountain retreat.
      N Lake Drive, Tamassee, SC 29686
      View Details
    • $164,300

      Scenic Land in Oconee County

      Land for mountain retreat or primary residence near lakes.
      Whitewater Point Road, Tamassee, SC 29686
      View Details
    • $75,000

      Lakefront Homesite in Fiddler's Cove

      Lakefront homesite with dock in private community.
      615 The Bear Boulevard, Tamassee, SC 29686
      View Details
    • $59,895

      Tamassee Land with Mountain Views

      2.39-acre residential lot with mountain and lake views.
      Tract Q The Bear Boulevard, Tamassee, SC 29686
      View Details
    • $425,500

      Oconee County Land Opportunity

      Land for mountain retreat or primary residence near lakes.
      N Little River Road, Tamassee, SC 29686
      View Details
    • $80,000

      Land with Lake and Mountain Views

      0.97-acre lot with lake and mountain views in established community.
      The Bear Boulevard, Tamassee, SC 29686
      View Details

    FAQs

    What type of property is this?
    Land - 0.61 acre lot perfect for mountain getaway or investment.
    Where is this land located?
    The property is located at Knox Creek Road lot 6 And 7 Tamassee, SC.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: Large 0.61 acre lot offers ample space.; No HOA dues or restrictive covenants provide flexibility.; Mountain views enhance the property's appeal.
    (864) 985-2353
    We can help!
    Listing Contact
    Cliff Powell
    Cliff Powell
    Real Estate License ID: 98545
    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
    Knox Creek Road lot: 6 And 7, Tamassee, SC 29686
    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!