Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Toe River Frontage Land Title is generated by Realmo AI

    TBD Lots 1 & 2 Toe River Lane, Newland, NC 28657

    View on Map
    Claim this Listing
    For Sale
    $339,900

    LAND - Newland, NC

    Lot size:
    8.07 Acres
    Added:
    Dec 30, 2025
    Days on Market:
    134
    Last Refresh:
    May 13 at 12:06 am

    Property Features for TBD Lots 1 & 2 Toe River Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    Lot size
    8.07 Acres

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Kimbra Weaver

    Listing agent Kimbra Weaver

    Listing office Realty One Group Results Moravian Falls, NC

    Listing date Dec 30, 2025

    MLS# 1195902 Listing URL

    Copyright © 2026 Triad 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.

    HighLights

    • 8.07 acre buildable lot with frontage on the Toe River
    • Includes a newly constructed well and a current 3 bedroom septic permit
    • Driveway to a planned home site is already in place
    • Located in River's Edge Subdivision with a commons area for fishing
    • Close proximity to Sugar Mountain, Linville Falls, and the Blue Ridge Parkway
    • Only 20 minutes to Spruce Pine

    Overview

    This 8.07-acre residential land offers frontage on the Toe River. The buildable lot includes a newly constructed well, a current 3-bedroom septic permit, and a driveway to a planned home site. Located in the River's Edge Subdivision, the property is suitable for building a dream home or vacation getaway. The neighborhood features a commons area for relaxation and fishing for rainbow, brown, and brook trout, as well as smallmouth bass. The location provides convenient access to Sugar Mountain, Linville Falls, and the Blue Ridge Parkway, and is approximately 20 minutes from Spruce Pine, offering a variety of year-round activities.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Newland
    County
    Avery
    State
    North Carolina
    Longitude
    -81.9499
    Latitude
    36.0227

    Nearby Similar for Sale

    • $155,000

      RV Site in Linville Land

      Spacious RV site with amenities in Linville Land Harbor.
      46 Evergreen Lane, Newland, NC 28657
      View Details
    • $139,000

      RV Lot with Bunkhouse

      RV lot with bunkhouse in Linville Land Harbor!
      211 Delphinium Lane, Newland, NC 28657
      View Details
    • $259,000

      Mountain Land with Creek Access

      8.2 acres of mountain land near Newland, North Carolina.
      Sugar Mountain 2 Road, Newland, NC 28657
      View Details
    • $120,000

      Cleared Lot in Linville Land

      Cleared lot ready for building or RV setup.
      35 Pine Loop, Newland, NC 28657
      View Details
    • $175,000

      Linville Land with Mountain Views

      Exceptional homesite with long-range views and convenient access.
      Chinquapin Springs, Newland, NC 28657
      View Details
    • $69,999

      Newland, NC 1.53-Acre Lot

      Cleared, graded 1.53-acre lot with septic permit near Newland.
      Old Chestnut Mountain Road, Newland, NC 28657
      View Details
    • $115,000

      Secluded Mountain Land For Sale

      6.71-acre wooded tract near Spruce Pine, NC.
      TBD Hwy 194 Three Mile, Newland, NC 28657
      View Details
    • $64,900

      Land Near Blue Ridge Parkway

      Two lots near Blue Ridge Parkway and Linville Falls.
      Midway Road, Newland, NC 28657
      View Details
    • $250,000

      Land For Sale Near Banner Elk

      Gently sloping land near Banner Elk with pasture and woods.
      Tower Road, Newland, NC 28657
      View Details
    • $205,000

      7.76 Acres Overlooking North Toe River

      7.76 acre lot with 1000 ft river frontage.
      37 S US 19E Highway, Newland, NC 28657
      View Details
    • $64,900

      Land Near Blue Ridge Parkway

      Two lots near Blue Ridge Parkway with septic permit.
      Midway Road, Newland, NC 28657
      View Details
    • $125,000

      Land Near Blue Ridge Parkway

      Two lots near Blue Ridge Parkway with creek access.
      Midway Road, Newland, NC 28657
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 8.07 acres with river frontage, well, and septic permit.
    Where is this residential land & home lot located?
    The property is located at TBD Lots 1 & 2 Toe River Lane Newland, NC.
    What is the asking price?
    The asking price for this property is $339,900.
    What are key features of this property?
    This property features: 8.07 acre buildable lot with frontage on the Toe River; Includes a newly constructed well and a current 3 bedroom septic permit; Driveway to a planned home site is already in place
    (704) 995-2457
    We can help!
    Listing Contact
    Kimbra Weaver
    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
    TBD Lots 1 & 2 Toe River Lane, Newland, NC 28657
    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!