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    00 Rabbit Hop Rd Spruce Pine, NC 28777

    For Sale
    $39,000

    Six acres of unrestricted land suitable for residential development.

    Lot size:
    6.00 Acres

    Property Features for 00 Rabbit Hop Rd

    General Information

    Lot size
    6.00 Acres

    Source: Mountain Adventure Realty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unrestricted Land for Residential Development

    This property features 6 acres of unrestricted land, presenting an opportunity for residential development. The land is wooded, but with clearing and grading, it could serve as a homesite. The property's size allows for farming or recreational use. The absence of restrictions provides flexibility in its utilization.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Veterinary Clinic Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spruce Pine
    County
    Mitchell
    State
    North Carolina
    Longitude
    -82.124798
    Latitude
    35.905318

    Nearby Similar for Sale

    • $595,000
      6.03 Acres

      Spruce Pine Warehouse/Industrial Property

      Warehouse/industrial property with climate control potential, outside city limits.
      350 Henredon Rd, Spruce Pine, NC 28777
      View Details
    • $460,000
      1,217 SF

      Spruce Pine Mixed-Use Property

      High-traffic location, owner financing available.
      14622 226 Hwy, Spruce Pine, NC 28777
      View Details

    FAQs

    What type of property is this?
    Land - Six acres of unrestricted land suitable for residential development.
    Where is this land located?
    The property is located at 00 Rabbit Hop Rd Spruce Pine, NC.
    What is the asking price?
    The asking price for this property is $39,000.
    What are key features of this property?
    This property features: - 6 acres of unrestricted land; - Opportunity to build a dream home or mountain getaway; - Potential homesite with clearing and grading
    4293034
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    Realmo Value Estimation

    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.

    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.

    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
    00 Rabbit Hop Rd Spruce Pine, NC 28777
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