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

    Silly Ridge Road lot 6 Scaly Mountain, NC 28775

    View on Map
    For Sale
    $150,000

    LAND - Scaly Mountain, NC

    Lot size:
    3.11 Acres
    Added:
    Nov 14, 2023
    Days on Market:
    869
    Last Refresh:
    Apr 1 at 8:06 pm

    Property Features for Silly Ridge Road lot 6

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    7409550327
    Lot size
    3.11 Acres

    Taxes and HOA fees

    TaxYear
    2023
    TaxAnnualAmount
    1000

    We can help!

    Listing Contact
    Scott Poss

    Listing agent Scott Poss License #010133

    Listing office Poss Realty Group - Scaly 7285 Dillard Rd., NC

    Listing date Nov 14, 2023

    MLS# 103347

    Copyright © 2026 Highlands Cashiers Board 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

    Scaly Mountain Wooded Land

    This 3.11-acre property is located in Scaly Mountain, Macon County, North Carolina. The land features a gentle to near-level knoll building site, ideal for construction. It is beautifully wooded and offers seasonal views, with the potential for enhanced views through trimming. A driveway has been roughed in for initial access. Underground electricity is planned for installation to the street. A new survey has been completed. The property is located in Scaly Mountain, providing convenient access to Highlands, North Carolina. The location offers proximity to amenities such as a public golf course, zipline, shopping, snow tubing, and hiking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Scaly Mountain
    County
    Macon
    State
    North Carolina
    Longitude
    -83.3254721
    Latitude
    35.0313806

    Nearby Similar for Sale

    • $1,000,000

      Scaly Mountain Land with Views

      Unrestricted 32.58-acre mountaintop property with long-range views.
      Buck Knob Road, Scaly Mountain, NC 28775
      View Details
    • $199,000

      Scaly Mountain Homesite with Sunset Views

      3.96-acre homesite with well, driveway, and expired septic permit.
      Eastside Duck Mountain Road, Scaly Mountain, NC 28775
      View Details
    • $449,000

      Scaly Mountain Unrestricted Land

      Unrestricted 6.96-acre property with views, waterfalls, and creek.
      HAPPY HILL, Scaly Mountain, NC 28775
      View Details
    • $550,000

      Scaly Mountain Land with Views

      10.3-acre mountaintop tract with long-range views and building sites.
      Buck Knob Road, Scaly Mountain, NC 28775
      View Details
    • $381,800

      Scaly Mountain Land For Sale

      19.09 acres with building spots, stream, and bordered by USFS.
      Highland Gap Road, Scaly Mountain, NC 28775
      View Details
    • $245,000

      Scaly Mountain Land with Creek

      6.18-acre mountain retreat bordering U.S. Forest Service land.
      99999 Chastain Road, Scaly Mountain, NC 28775
      View Details
    • $169,900

      Scaly Mountain Luxury Motor Coach Lot

      Premium lakefront lot in Wildflower Creek Motor Coach Resort.
      115 Wildflower Road lot: 13, Scaly Mountain, NC 28775
      View Details
    • $275,000

      Scaly Mountain Land Near National Forest

      6.18-acre parcel bordering U.S. National Forest Service land.
      99999 Chastain Rd, Scaly Mountain, NC 28775
      View Details
    • $6,250,000

      Scaly Mountain Unrestricted Development Land

      211+ acres of unrestricted land with highway frontage near Highlands.
      6507 Dillard Road, Scaly Mountain, NC 28775
      View Details
    • $175,000

      Scaly Mountain Motorcoach Resort Lot

      Premium lot in Wildflower Creek Motor Coach Resort.
      19 Highlands Way lot: 17, Scaly Mountain, NC 28775
      View Details
    • $105,000

      Scaly Mountain Land with Permits

      4.09-acre lot with permits ready for building.
      Thomas Knob Estates Road lot: 35, Scaly Mountain, NC 28775
      View Details
    • $379,000

      Smoky Mountain Motorcoach Lot

      Premium motorcoach lot in the Smoky Mountains near Highlands, NC.
      60 Bartram Trail lot: 2, Scaly Mountain, NC 28775
      View Details

    FAQs

    What type of property is this?
    Land - 3.11 acres of wooded land in Scaly Mountain, NC.
    Where is this land located?
    The property is located at Silly Ridge Road lot 6 Scaly Mountain, NC.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Minutes from Highlands, NC, offering access to shopping, dining, and amenities.; 3.11‑acre gentle to near‑level building site.; Wooded lot with seasonal views and potential for enhanced views.
    (706) 490-2305
    We can help!
    Listing Contact
    Scott Poss
    Real Estate License ID: 010133
    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!