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

    Laurel Highlands Road lot 6 Roan Mountain, TN 37687

    View on Map
    Claim this Listing
    For Sale
    $49,800

    LAND - Roan Mountain, TN

    Lot size:
    1.47 Acres
    Added:
    Nov 4, 2023
    Days on Market:
    913
    Last Refresh:
    May 4 at 1:06 pm

    Property Features for Laurel Highlands Road lot 6

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    099 070.06
    Lot size
    1.47 Acres

    Taxes and HOA fees

    Tax Annual Amount
    144

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Pam Braswell
    Pam Braswell

    Listing agent Pam Braswell License #251439

    Listing office Braswell Realty Inc. RM 8155 Hwy 19 E, TN

    Listing date Nov 4, 2023

    MLS# 9959032 Listing URL

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Roan Mountain Land with Views

    This 1.47-acre residential lot is located in a neighborhood with mountain views on Laurel Highlands Drive in Roan Mountain, Tennessee. The property has easy access to fresh mountain well water, eliminating the need to drill a private well. Electricity is available at the road. A driveway and house seat are already in place, making the lot ready for construction. The area is home to wildlife, including turkey, deer, black bears, and foxes. The property is a short drive from Roan Mountain State Park, the Appalachian Trail, and Watauga Lake. It is also located minutes from the North Carolina border, ski resorts, and golf courses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Roan Mountain
    County
    Carter
    State
    Tennessee
    Longitude
    -82.078959
    Latitude
    36.194846

    Nearby Similar for Sale

    • $650,000
      3,900 SF

      Roan Mountain Commercial Investment Opportunity

      Income-producing property with storage units and commercial building.
      7050 Highway 19e, Roan Mountain, TN 37687
      View Details
    • $149,000

      Roan Mountain Land with Views

      2.5-acre parcel with views and development potential.
      Log Cabin Lane, Roan Mountain, TN 37687
      View Details
    • $186,000

      Rare Tennessee Mountain Lakefront Land

      0.77-acre parcel with private water access and panoramic views.
      1764 Ripshin Mountain Road, Roan Mountain, TN 37687
      View Details
    • $189,000

      Lakefront Homesite in Roan Highlands

      0.80-acre lakefront homesite with access to private lake.
      1772 Ripshin Mountain Road, Roan Mountain, TN 37687
      View Details
    • $189,000

      Lakefront Land in Roan Mountain

      Exceptional 0.84-acre lakefront property in East Tennessee.
      1762 Ripshin Mountain Road, Roan Mountain, TN 37687
      View Details
    • $195,000

      Lakefront Land in Roan Mountain

      Lakefront property with water access in a mountain community.
      1768 Ripshin Mountain Road, Roan Mountain, TN 37687
      View Details
    • $159,000

      Lakefront Property in Roan Mountain

      0.91-acre lakefront lot with lake access and views.
      1776 Ripshin Mountain Road, Roan Mountain, TN 37687
      View Details
    • $149,900

      Unrestricted Land in Roan Mountain

      6.65 acres of unrestricted land in scenic Roan Mountain, TN.
      Sylvan Way, Roan Mountain, TN 37687
      View Details
    • $299,900
      1,584 SF

      Roan Mountain Commercial Opportunity

      Operating 3-bay garage/repair shop on over an acre.
      8876 Highway 19 E, Roan Mountain, TN 37687
      View Details
    • $39,900

      Roan Mountain Land For Sale

      Residential land in Roan Mountain, close to local attractions.
      Laurel Highlands Road lot: 7, Roan Mountain, TN 37687
      View Details
    • $115,000

      Roan Mountain Land with Creek View

      Residential lot with utilities and creek view in Roan Mountain.
      206 Toms Creek Drive, Roan Mountain, TN 37687
      View Details
    • $644,900
      2,876 SF

      Historic Mixed-Use Roan Mountain Property

      Rare 1.55-acre property zoned for residential and commercial use.
      8712 Highway 19-E, Roan Mountain, TN 37687
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot with mountain views, well water access, ready to build.
    Where is this residential land & home lot located?
    The property is located at Laurel Highlands Road lot 6 Roan Mountain, TN.
    What is the asking price?
    The asking price for this property is $49,800.
    What are key features of this property?
    This property features: Ready to build: Driveway and house seat already in place.; Convenient access to fresh mountain well water; no need to drill a well.; Utilities available: Electricity at the road.
    (423) 895-9993
    We can help!
    Listing Contact
    Pam Braswell
    Pam Braswell
    Real Estate License ID: 251439
    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

    Laurel Highlands Road lot: 6, Roan Mountain, TN 37687

    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!